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Problem 5-7A The employees of Agonnacultis, Inc., are paid on a semimonthly basis. Required: Compute the FICA taxes for the employees for the November 15

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Problem 5-7A The employees of Agonnacultis, Inc., are paid on a semimonthly basis. Required: Compute the FICA taxes for the employees for the November 15 payroll. All employees have been employed for the entire calendar year. (Round "Social Security Tax" and "Medicare Tax" to 2 decimal places.) Answer is complete but not entirely correct. Semimonthly Salary Employee T. Newberry S. Smith D. Plott 1. Ost D. Bogard M Mallamace 7,500 3,500 4.225 6,895 10.250 4,100 YTD Pay for Oct 31 Pay Date $ 150,000 $ 70,000 $ 84,500 $ 137,900 $ 205,000 $ 82,000 Social Security Medicare Tax for Tax for Nov. 15 Nov. 15 Pay Date Pay Date $ Os 108.75 $ 217.00 $ 50.75 $ 261.95 $ 61.26 $ 99.98 $ 148.633 $ 254.20 $ 59.45

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