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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 Ken 5 Tin V Steve s Cumulative Pay $5,000 43,400 90,000 Employee Michelle W Michael Zach R Cumulative Pay $146,500 109,900 131,400 Employee Lorik Kitty o John W Cumulative Pay $133,900 39,900 7, eee 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 Kens Tim Steve s Michele w Michael Zach R Lori Pay Subject to Cumulative FICA Social Pay Security 3 5,000 43.400 00.000 148.500 100.000 131.400 133.000 John W Totais 20.000 7.000 707.000 $ 5 0$ 05 Required > 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 Kens Tim v Steve s Cumulative Pay $ 5,000 43,400 98,eee Employee Michelle w Michael M Zach R Cumulative Pay $146,500 109,900 131,400 Employee Lori Kitty o John W Cumulative Pay $133,988 39,900 7,000 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 FUTA SUTA taxes

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