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Mest Company has nine employees. FICA Social Security taxes are 6.2% of the first $127,200 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 $127,200 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 S Tim V Cumulative Pay $5,700 Employee Michelle W Michael M Zach R Cumulative Pay Employee Lori K Kitty o John W Cumulative Pay $150,eee 113,400 133,700 $136,200 43,400 10,500 49,300 93,500 Steve S 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 Pay Subject Pay Subject Pay Subject Cumulative FICA Social to FICA to FUTA to SUTA Security Employee Pay Medicare Taxes Taxes Ken S 5,700 49,300 Tim V Steye S 93,500 150,000 Michelle W Michael M 113,400 Zach R 133.700 Lori K 136.200 Kitty O 43.400 10,500 John W 0S S 0 S Totals 735.700 S 0 Required B Mest Company has nine employees. FICA Social Security taxes are 6.2 % of the first $127,200 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 S Cumulative Pay $ 5,700 Employee Michelle W Michael M Zach R Cumulative Pay $150,e0e 113,400 133,700 Employee Lori K Cumulative Pay $136,200 Tim V 49,300 Kitty o John W 43,400 10,500 Steve S 93,500 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. 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

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