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Mest Company has nine employees. FICA Social Security taxes are 6.2% of the first $128.400 paid to each employee, and FICA Medicare taxes are 1.45%

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Mest Company has nine employees. FICA Social Security taxes are 6.2% of the first $128.400 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to each employee. Cumulative pay for the current year for each of its employees follows. Employee Cumulative Pay Ken 5 $ 5,890 Tim V 47,400 Steve S 94,000 Employee Cumulative Pay Michelle $150,500 Michael M 113,900 Zach R 135,400 Employee Cumulative Pay Lori K $137,900 Kitty O 43,900 John W 11,000 a. Compute the amounts in this table for each employee. b. For the company, compute each total for FICA Social Security taxes, FICA Medicare taxes, FUTA taxes, and SUTA taxes. Complete this question by entering your answers in the tabs below. Required A Required B For the company, compute each total for FICA Social Security taxes, FICA Medicare taxes, FUTA taxes, and SUTA taxes. (Round your final answers to 2 decimal places.) Tax Paid by Employee Tax Paid by Employer Total Tax FICA Social Security taxes FICA Medicare taxes FUTA taxes SUTA taxes Mest Company has nine employees. FICA Social Security taxes are 6.2% of the first $128.400 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to each employee. Cumulative pay for the current year for each of its employees follows. Michelle $150,500 Employee Cumulative Pay Ken 5 $ 5,800 Tim V 47,400 Steve S 94,000 Employee Cumulative Pay Employee Cumulative Pay Lori K $137,900 Michael M 113,900 Kitty O 43,900 Zach R 135,400 John W 11,000 a. Compute the amounts in this table for each employee. b. For the company, compute each total for FICA Social Security taxes, FICA Medicare taxes, FUTA taxes, and SUTA taxes. Complete this question by entering your answers in the tabs below. Required A Required B Compute the amounts in this table for each employee. Pay Subject to FICA Medicare Pay Subject to FUTA Taxes Pay Subject to SUTA Taxes Employee Ken 5 Tim V S Steve S Michelle W Michael M Zach R Pay Subject to Cumulative FICA Social Pay Pay Security 5 ,800 47.400 94.000 150,500 113,900 135.400 137,900 43.900 11,000 7an ons Lori K Kitty O John W

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