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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%

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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% 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. Cumulative Employee Pay Cumulative Cumulative Pay Employee Ken S. Tim V Steve S $6,300 61,700 88,500 Ann T Kathleen K Michelle H $148,000 108,400 118,500 Employee Lorik Kitty O John W $121,000 38,400 5,500 a. 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 V Steve S Ann T Kathleen K Michelle H Lori K Kitty O Pay Subject to Cumulative FICA Social Pay Security $ 6,300 61,700 88,500 148,000 108,400 118,500 121,000 38,400 5,500 $ 696,300 John W Totals b. For the company, compute each total for: FICA Social Security taxes, FICA Medicare taxes, FUTA taxes, and SUTA taxes. 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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