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The employees of Ethereal Bank are paid on a semimonthly basis. All employees are single. Required: Compute the FICA taxes for the employees for the
The employees of Ethereal Bank are paid on a semimonthly basis. All employees are single. Required: Compute the FICA taxes for the employees for the November 30 payroll. All employees have been employed for the entire calendar year. (Round "Social Security Tax" and "Medicare Tax" to 2 decimal places.) YTD Pay for November 15 Pay Date Social Security Tax for November 30 Pay Date Medicare Tax for November 30 Pay Date Employee R. Bellagio Semimonthly Salary $ 9.512 $ 6,712 $ 7.400 B. Khumalo S. Schriver $ K Saetang T. Ahmed 7.850 10,350 $ M. Petrova $ 8,700
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