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Saved Paloma Company has four employees. FICA Social Security taxes are 6.2% of the first $137,700 paid to each employee, and FICA Medicare taxes are

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Saved Paloma Company has four 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. Also, for the first $7,000 paid to each employee, the company's FUTA taxes are 0.6% and SUTA taxes are 5.4%. The company is preparing its payroll calculations for the week ended August 25. Payroll records show the following information for the company's four employees. Current Week Gross Pay through Income Tax Name August 18 Gross Pay Withholding Dali $ 124, 000 $ 4, 900 $ 582 Trey 134 , 900 2, 800 290 Kiesha 9 , 200 1, 800 57 Chee 3 , 150 1, 600 46 In addition to gross pay, the company must pay one-half of the $102 per employee weekly health insurance; each employee pays the remaining one-half. The company also contributes an extra 8% of each employee's gross pay (at no cost to employees) to a pension fund. Required: Compute the following for the week ended August 25. (Round your intermediate calculations and final answers to 2 decimal places.): 1) Employees' FICA Withholdings for Social Security Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dali Trey Kiesha Chee Total $ 0.00 earch O W N DELL F1 F2 F3 F5 F6 F7 F8 F10 F11 X OX 9 $ % 2 3 4 5 6 W E R T 6Saved ent Required: Compute the following for the week ended August 25. (Round your intermediate calculations and final answers to 2 decimal places.): 1) Employees' FICA Withholdings for Social Security Earnings Employee Tax Rate Tax Amount Subject to Tax Tax Rate Dali Trey Kiesha Chee Total $ 0.00 2) Employees' FICA Withholdings for Medicare Earnings Employee Tax Rate Tax Amount Subject to Tax Tax Rate Dali Trey Kiesha Chee Total $ 0.00 3) Employer's FICA Taxes for Social Security Earnings Employee Tax Rate Tax Amount Subject to Tax ch O W DELL F5 F7 FZ F3 F6 =8 CO F10 F1 F4 OX 19 9% R a 2 3 4 5 6 W E R T Y U Oment i Saved 3) Employer's FICA Taxes for Social Security Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dali Trey Kiesha Chee Total $ 0.00 4) Employer's FICA Taxes for Medicare Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dali Trey Kiesha Chee Total $ 0.00 5) Employer's FUTA Taxes Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dali O N 9 DELL F1 F2 F3 F4 . F5 F6 F7 F8 FO Xsignment i Saved Total| $ 0.00 5) Employer's FUTA Taxes Earnings Employee Tax Rate Tax Amount Subject to Tax Tax Rate Dali Trey Kiesha Chee Total $ 0.00 6) Employer's SUTA Taxes ences Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dali Trey Kiesha Chee Total $ 0.00 7) Each Employee's Net (take-home) Pay Employee Dali Trey Kiesha Chee Total Gross Pay $ 4,900.00 $ 2,800.00 $ 1,800.00 $ 1,600.00 $ 11, 100.00 Income tax withholding 582.00 290.00 57.0 46.00 975.00 to search O 99+ O W N DELL F1 F2 F3 F4 F5 F7 F8 10 X JX a % A K 2 3 5theducation com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmheproducts16252FirstTo Grammarly YouTube 9 Maps News Translate on- Otter Voice Meetin.. v. my.sinclair.edu - Ya.. w WIX Wix ADI * THE BEST 10 Art Ga.. Custom Printed Shi. Saved signment i Total $ 0.00 7) Each Employee's Net (take-home) Pay Employee Dali Trey Kiesha Chee Total Gross Pay $ 4,900.00 $ 2,800.00 $ 1,800.00 1,600.00 $ 11, 100.00 Income tax withholding 582.00 290.00 57.00 46.00 975.00 FICA - Social Security 0.00 FICA - Medicare 0.OC Health Insurance 0.00 Net Pay $ 0.0 nces 8) Employer's Total Payroll-Related Expense for Each Employee. Employee Dali Trey Kiesha Chee Total Gross Pay $ 4,900.00 $ 2,800.00 $ 1,800.00 $ 1,600.00 $ 11, 100.00 FICA - Social Security 0.00 0.00 0.00 0.00 0.00 FICA - Medicare 0.00 0.00 0.00 0.00 0.00 FUTA 0.00 0.00 0.00 0.00 0.00 SUTA 0.00 0.00 0.00 0.0 0.00 Health Insurance 0.00 Pension 0.00 Total Payroll Expense $ 4,900.00 $ 2,800.00 $ 1,800.00 $ 1,600.00 $ 11,100.00 to search O DELL F1 F3 F4 F6 F8 F9 F10 F11 JX UX a $ % A & 2 3 5 6

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