SUOT 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 $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. a. b. Gross Pay through August $ 5,500 19,200 113,200 Gross Pay for September $2,300 3,100 9.000 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.) Tax Thx Rate Te Amount FICA Social Security FICA Medicare FUTA September Earnings Subject to Tax 2.300.00 2,300.00 112,200.00 SUTA CD Required information 2,300.00 112,200.00 FICA Medicare FUTA SUTA b) Tak September Earnings Subject to Tax Tax Rate Ti Amount FICA Social Security FICA Medicare FUTA SUTA c) Ta September Earnings Subject to Tax Tax Rate Tax Amount FICA Social Security FICA Medicare FUTA SUTA Seved Help Save & Exit su Mest Company has 9 employees. FICA Social Security taxes are 6.2% of the first $118,500 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to each employee. Cumulative po for the current year for each of its employees follows. Tmployee Kans Tim v Steve 8 Cumulative Pay $ 5,600 66.200 93,000 Employee Michael N Erin c Kyle B Cumulative Pay $152,500 112.900 123,000 Teployme Lori K Kitty o John W Cumulative Pay $125,500 42,900 10,000 a. Compute the amounts in this table for each employee. Pay Subject to Pay Subject Pay Subject Pay Bubject Cumulative FICA Social 1o FICA to FUTA TO SUTA Pay Security Medicare Taxes Taxe $ 5,600 $ 5,60075 5,600 $ 5,600 $ 5,600 66,200 66,200 66,200 7.000 7.0001 93,000 93,000 93,000 7.000 7.000 152,500 7,000 112,900 7.000 7,000 123,000 7.000 7,000 125,500 7,000 7.000 42,900 7,000 7.000 10,000 $ 731,600 $ 164,800 $ 164,800 54,000 5 54,600 Employee Ken 8 Tim V Steve S Michael M Erinc Kyle B LONK Kitty John W Totals 7,000 b. For the company, compute each total for: FICA Social Security taxes, FICA Medicare taxes, FUTA taxes, and SUTA taxes. (Round your final answers to 2 decimal places.) Tax Pald by Employee Tax Paid by Employer Total Tax FICA Social Security taxes FICA Medicare taxes FUTA taxes SUTA LA