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Required Information Use the following information for the Exercises below. (The following information applies to the questions displayed below] BMX Company has one employee. FICA

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Required Information Use the following information for the Exercises below. (The following information applies to the questions displayed below] BMX Company has one employee. FICA Social Security taxes are 6.2 % of the first $118,500 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, Its FUTA taxes are 0.6 % and SUTA taxes are 2.9% of the first $7,000 paid to Its employee. Gross Pay through August $ 6,6ee Gross Pay for September $ see a. 18,488 112,400 2,30e 8, 200 Exercise 9-5 Computing payroll taxes LO P2, P3 Compute BMX's amounts for each of these four taxes as appled to the employee's gross e separate situations (a), (b), and (c). (Round your answers to 2 decimal places.) a) September Earnings Subject to Tax Tax Tax Rate Tax Amount FICA-Social Security FICA-Medicare FUTA SUTA b) September Earnings Subject to Tax Tax Tax Rate Tax Amount FICA-Social Security FICA-Medicare FUTA SUTA September Earnings Subject to Tax Tax Tax Rate Tax Amount FICA-Social Security FICA Medicare FUTA SUTA

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