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The biweekly taxable wages for the employees of Rite-Shop follow. Compute the FICA taxes for each employee and the employer's FICA taxes. Round your answers

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The biweekly taxable wages for the employees of Rite-Shop follow. Compute the FICA taxes for each employee and the employer's FICA taxes. Round your answers to the nearest cent. FICA Taxes Employee No. Employee Name Biweekly Taxable Wages OASDI HI 711 Castro, Manny $2,000.00 $ 512 Corrales, Pat 956.00 624 Guitar, Joseph 998.00 325 Moore, Connie 1,133.40 422 Morrison, Harry 1,500.00 210 Robertson, Catherine 1,204.80 111 Swarez, Joseph 1. 152.00 Totals $ Employer's OASDI $ Total Taxable Wages Employer's OASDI Tax Employer's HI Tax $ $ Total Taxable Wages Employer's HI Tax Example 3-1 Example 3-2 Wallington Company has 100 employees, each eaming $525.25 a week. OASDI $32.57 Amount of OASDI tax withheld from each employee's paycheck each week: Total tax withheld from the 100 employees' wages: Tax on employer: (6.2% x $525.25) ($32.57 X 100) $3,257.00 $3,256.55 [6.2% x ($525.25 x 100)] HI $7.62 Amount of HI tax withheld from each employee's paycheck each week: Total tax withheld from the 100 employees' wages is: Tax on employer: $762.00 (1.45% x $525.25) ($7.62 x 100) [1.45% ($525.25 * 100) $761.61 The biweekly taxable wages for the employees of Rite-Shop follow. Compute the FICA taxes for each employee and the employer's FICA taxes. Round your answers to the nearest cent

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