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Paloma Co. has four employees. FICA Social Security taxes are 6.2% of the first $118,500 paid to each employee, and FICA Medicare taxes are 1.45%

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Paloma Co. has four employees. FICA Social Security taxes are 6.2% of the first $118,500 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. Also, for the first $7,000 paid to each employee, the company's FUTA taxes are 0.6% and SUTA taxes are 2.15%. The company is preparing its payroll calculations for the week ended August 25, Payroll records show the following information for the company's four employees Current Week Income Tax Name Dali Trey Kiesha Chee Gross Pay through Aug. 18 $116,050 116,700 Gross Pay Withholding $4,100 1,800 660 610 S 582 290 57 46 9,200 3,150 In addition to gross pay, the company must pay one-half of the $102 per employee weekly health insurance; each employee pays the remaining one-half. The company also contributes an extra 8% of each employee's gross pay at no cost to employees) to a pension fund Requirec Compute the following for the week ended August 25. (Round your intermediate calculations and final answers to 2 decimeal places.) Paloma Co. has four employees. FICA Social Security taxes are 6.2% of the first $118,500 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. Also, for the first $7,000 paid to each employee, the company's FUTA taxes are 0.6% and SUTA taxes are 2.15%. The company is preparing its payroll calculations for the week ended August 25, Payroll records show the following information for the company's four employees Current Week Income Tax Name Dali Trey Kiesha Chee Gross Pay through Aug. 18 $116,050 116,700 Gross Pay Withholding $4,100 1,800 660 610 S 582 290 57 46 9,200 3,150 In addition to gross pay, the company must pay one-half of the $102 per employee weekly health insurance; each employee pays the remaining one-half. The company also contributes an extra 8% of each employee's gross pay at no cost to employees) to a pension fund Requirec Compute the following for the week ended August 25. (Round your intermediate calculations and final answers to 2 decimeal places.)

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