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Required information The following information applies to the questions displayed below) BMX Company has one employee. FICA Social Security taxes are 6.2% of the first

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Required information The following information applies to the questions displayed below) BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137700 paid to its employee, and FICA Medicare laxes are 1.45% of gross pay, For BMX its FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7.000 paid to its employee. Gross Pay through August 31 $ 6,100 2,100 133,000 Gross Pay for September $1,400 b. 2,200 9,600 Compute BMX's amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three separate situations (a), (b), and (c. (Round your answers to 2 decimal places.) a) Tax Tax Rate Tax Amount September Earings Subject to Tax S 1.400.00 1 409.00 36 80 20.30 FICA-Social Security FICA-Medicare FUTA SUTA bi 6.20% 3 1.45% 0.60% 5.40% Tax September Earnings Subject to Tax Tax Rate Tax Amount FICA-Social Security stan a) Tax Tax Rate Tax Amount FICASocial Security September Earnings Subject to Tax $ 1,400.00 1,400.00 6.20% $ 86.80 FICA-Medicare 1.45% 20.30 FUTA 0.60% SUTA 5.40% b) Tax September Earnings Subject to Tax Tax Rate Tax Amount FICA-Social Security FICA-Medicare FUTA SUTA c) Tax September Earnings Subject to Tax Tax Rate Tax Amount FICA-Social Security FICA-Medicare FUTA SUTA

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