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The following information about the payroll for the week ended July 17 was obtained from the records of Anaconda Mining Co. Salaries: Deductions: Sales salaries

The following information about the payroll for the week ended July 17 was obtained from the records of Anaconda Mining Co.

Salaries:

Deductions:

Sales salaries

$472,500

Income tax withheld

$147,000

Warehouse salaries

277,500

U.S. saving bonds

22,500

Office salaries

187,500

Group insurance

18,750

$937,500

Tax rates assumed:

FICA tax, 7.5% of employee annual earnings

State unemployment(employer only) , 4.2%

Federal unemployment (employer only), 0.8%

1. For the July 17 payroll, determine the employee FICA tax payable.

2. Determine the following amounts for the employer payroll taxes related to the July 17 payroll: (a) FICA tax payable, (b) state unemployment tax payable, and (c) federal unemployment tax payable.

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