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Problem 9.3A Poyroll expenses, withholdings, and taxes LO P2, P3 Paloma Co has four employees. FICA Social Security taxes are 6.2% of the fist 5128,400

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Problem 9.3A Poyroll expenses, withholdings, and taxes LO P2, P3 Paloma Co has four employees. FICA Social Security taxes are 6.2% of the fist 5128,400 paid to each employee. and FKCA Medicare taves are 145% of gross pay. Aso, for the first 57,000 paid to each employee. the company's FUTA taxes are 0.6\% and SUTA taxes are 545 . The company is preparing its payroll calculatons for the week ended August 25 . Payroli records show the following infoematoon for the compary's four employees In addition to gross pay the company must pay one halt of the 562 per employee weekly healem insurance; each employee poys the remaining one-halt. The company also contributes an extra 8% of each employee's gross pay (at no cost to employees) to a pension fund Required: Conpoute the following fot the weekended August 25 . (Round your intermediste calculations and final anwers to 2 decimal ploces.) 2) Employees. FICA Withholdings for Medicare \begin{tabular}{|l|l|l|l|l|} \hline Employee & \multicolumn{1}{|c|}{EarningsSubjecttoTax} & Tax Rate & Tax Amount \\ \hline Tax Rate & & & \\ \hline Dali & & & \\ \hline Trey & & & \\ \hline Kiesha & & & \\ \hline Chee & & & \\ \hline & & & & \\ \hline \end{tabular} 3) Employer's FICA Taxes for Social Security 4) Employer's FiCA. Taxes for Medicare \begin{tabular}{|l|l|l|l|} \hline Employee & \begin{tabular}{l|l|l|} \hline Eamings \\ Sulbject to Tax \end{tabular} & Tax Rate & Tax Amount \\ \hline Tinx Rute & & & \\ \hline Dali & & & \\ \hline Trey & & & \\ \hline Kiesha & & & \\ \hline Chee & & & \\ \hline & & & Total \\ \hline \end{tabular} 6) Employer's FUTA Taxes 6) Employer's SUTA Taxes Emplayee 7) Each Ermplopere's Ned (cake home) Pay ni Fmnlnuar'c thtal naurnll-related exnense for each emplovee

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