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Please Help! Mest Company has nine employees. FICA Social Security taxes are 6.2% of the first $137,700 paid to each employee, and FICA Medicare taxes

Please Help! Mest Company has nine employees. FICA Social Security taxes are 6.2% of the first $137,700 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 Ken S Tim V Steve S Cumulative Pay $ 6,000 48,400 95,000 Required A Required B Complete this question by entering your answers in the tabs below. Employee Compute the amounts in this table for each employee. Pay Subject to FICA Social Security Ken S a. Compute the amounts in this table for each employee. b. For the company, compute each total for FICA Social Security taxes, FICA Medicare taxes, FUTA taxes, and SUTA taxes. Hint. Remember to include in those totals any employee share of taxes that the company must collect. Employee Julie W Michael M Zach R Cumulative Pay $ Cumulative Pay $ 151,500 114,900 137,700 6,000 Pay Subject to FICA Medicare Employee Christina S Pay Subject to FUTA Taxes Kitty 0 John W Cumulative Pay $ 141,800 44,900 5,000 Pay Subject to SUTA Taxes
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Mest Company has nine employees. FICA Social Security taxes are 6.2% of the first $137,700 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. a. Compute the amounts in this table for each employee. b. For the company, compute each total for FICA Social Security taxes, FICA Medicare taxes, FUTA taxes; and SUTA taxes. Hint Remember to include in those totals any employee share of taxes that the company must collect. Complete this question by entering your answers in the tabs below. Compute the amounts in this table for each employee. Compute the amounts in this table for each employee. Complete this question by entering your answers in the tabs below. For the company, compute each total for FICA Social Security taxes, FICA Medicare taxes, FUTA taxes, and SUTA taxe Remember to include in those totals any employee share of taxes that the company must collect. Note: Round your final answers to 2 decimal places

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