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Paloma Co. Stars has four employees. FICA Social Security taxes are 6.2% of the first $110,100 paid to each employee, and FICA Medicare taxes are

Paloma Co. Stars has four employees. FICA Social Security taxes are 6.2% of the first $110,100 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. Also, its FUTA taxes are 0.8% and SUTA taxes are 2.15% of the first $7,000 paid to each employee. The company is preparing its payroll calculations for the week ended August 25. Payroll records show the following information for the companys four employees.
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Current Week Gross Pay Income Tax Withholding $279 140 54 45 Gross Pay Namethrough 8/18 Dahlia Trey Kiesha Chee $107,500 36,400 7,850 1,800 $3,500 850 600 550 In addition to gross pay, the company must pay one-half of the $60 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 Required Compute the following for the week ended August 25 (Round your answers to 2 decimal places.) 1) Employees' FICA withholdings for Social Security Employoe Dahlia Trey Kiesha Chee Earnings subject to tax Tax Rate Tax Amount Total 0.00

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