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Mester Company has 10 employees. FICA Social Security taxes are 6.2% of the first $117,000 paid to each employee, and FICA Medicare taxes are 1.45%

Mester Company has 10 employees. FICA Social Security taxes are 6.2% of the first $117,000 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 Employee Cumulative Pay Employee Cumulative Pay
Ken S $ 5,500 Ann T $ 152,000 Lori K $ 125,000
Tim V 65,700 Kathleen K 112,400 Kitty O 42,400
Steve S 92,500 Michelle H 122,500 John W 9,500

Compute the following amounts for each employee.

1. Pay subject to FICA Social Security

2. Pay subject to FICA Medicare

3. Pay subject to FUTA taxes

4. Pay subeject to SUTA taxes

I dont need all of them done i need to understand how to do find the answer if i can get someone to find all four for the following and an explanation I should be able to take it from there.

Ken S $ 5,500 Ann T $ 152,000 Lori K $ 125,000

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