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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 Kens Tim v Steve s Cumulative Pay $ 6,100 48,900 95,500 Employee Michelle w Michael M Zach R Cumulative Pay $152,000 115,400 136,900 Employee Lori x Kitty o John W Cumulative Pay $139,400 45,400 12,500 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. Answer is not complete. 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 Pay Subject to FICA Pay Subject to FUTA Pay Subjoct to SUTA umulative Required A Required B Compute the amounts in this table for each employee. Pay Subject to FICA Pay Subject to FUTA Pay Subject Cumulative to SUTA Taxes Employee Ken S Medicare $ 6,100 $ $ Tim V >> Steve S Michelle W Pay Subject to FICA Social Security $ 6,100 48,900 95,500 152,000 115,400 136,900 139,400 45,400 12,500 $ 752, 100 Pay 6,100 48,904 95,500 152,000 115,400 136,900 139,400 45,400 12,500 752,100 >>> Michael M Taxes 6,100 $ 7,000 7,000 7,000 7,000 7,000 7,000 7,000 7,000 62,100 $ 48,900 95,500 152,000 115,400 136,900 139,400 45,400 12,500 $ 752,100 6,100 7,000 7,000 7,000 7,000 7,000 7.000 7,000 7.000 62,100 Zach R Lori K Kitty John W s Totals $ Required A Required B >

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