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thank you 2 Part 1 of 3 BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $132,900 paid to its
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2 Part 1 of 3 BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $132,900 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 5.4% of the first $7,000 poid to its employee Gross Pay through Gross Pay for August 31 September $ 6,400 $ 800 b. 2,000 2,100 c. 126,600 8,000 125 points 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 ((Round your answers to 2 decimal places.) eBook a) September Earnings Subject to Tax Tax Rate Tax Amount Print FICA Social Security FICA--Medicare FUTA SUTA b) References September Earnings Subject to Tax Tax Tax Rate Tax Amount FICA-Social Security FICA-Medicare FUTA SUTA c) September Earnings Tax Tax Rate Tax Amount be GO 3 ac raw II Tax September Earnings Subject to Tax Tax Rate Tax Amount FICA-Social Security FICA-Medicare FUTA SUTA b) Tax September Earnings Subject to Tax Tax Rate Tax Amount FICA-Social Security FICA-Medicare FUTA SUTA c) Tax Rate Tax Amount Tax September Earnings Subject to Tax FICASocial Security FICA-Medicare FUTA SUTA Step by Step Solution
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