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The monthly salaries for December and the year-to-date earnings of the employees of Bush Consulting Company as of November 30 follow Determine the amount of

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The monthly salaries for December and the year-to-date earnings of the employees of Bush Consulting Company as of November 30 follow Determine the amount of social security tax to be withheld from each employee's gross pay for December. Assume a 6.2 percent social security tax rate and an earnings base of $132,900 for the calendar year. Employee No. Soc. Sec Taxable Earnings December Social Security Tax 6,20% 1 Year-to-Date December Earnings Salary Through November 30 $ 10,000 $ 99,700 10,700 70,700 10,780 118,580 10,700 100,700 2. 3 4

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