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MRI Company has one employee. FICA Social Security taxes are 6.20% of the first $106,800 paid to its employee, and FICA Medicare taxes are 1.45%

MRI Company has one employee. FICA Social Security taxes are 6.20% of the first $106,800 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For MRI, its FUTA taxes are 0.80% and SUTA taxes are 2.90% of the first $7,000 paid to its employee.


Gross Pay through August Gross Pay for September
a. $ 5,600 $ 2,200
b. 16,800 2,900
c. 100,000 11,100


Compute MRI%u2019s amounts for each of the above four taxes as applied to the employee%u2019s gross earnings for September under situation (a). (Round your answers to 2 decimal places. Omit the "$" sign in your response)


Tax
FICA%u2014Social Security $
FICA%u2014Medicare $
FUTA $
SUTA $


Compute MRI%u2019s amounts for each of the above four taxes as applied to the employee%u2019s gross earnings for September under situation (b). (Leave no cells blank - be certain to enter "0" wherever required. Round your answers to 2 decimal places. Omit the "$" sign in your response)


Tax
FICA%u2014Social Security $
FICA%u2014Medicare $
FUTA $
SUTA $


Compute MRI%u2019s amounts for each of the above four taxes as applied to the employee%u2019s gross earnings for September under situation (c). (Leave no cells blank - be certain to enter "0" wherever required. Round your answers to 2 decimal places. Omit the "$" sign in your response)

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