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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 5.20% 1 Year-to-Date December Earnings Salary Through November 30 5 9,800 $ 98,900 9.900 69,900 10,260 112,850 9.900 99.900 2 3 4

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