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View Policies -72.5 Current Attempt in Progress Employee earnings records for Vaughn Company reveal the following gross earnings for four employees through the pay period
View Policies -72.5 Current Attempt in Progress Employee earnings records for Vaughn Company reveal the following gross earnings for four employees through the pay period of December 15. J. Seligman $89,900 L. Marshall $124,900 R. Eby $113,600 T. Olson $130,100 For the pay period ending December 31, each employee's gross earnings is $4,500. The 7.65% FICA tax rate consists of the Social Security tax rate of 6.20% on salaries and wages up to $128,400 and the Medicare tax rate of 1.45% on all salaries and wages. Compute the FICA withholdings that should be made for each employee for the December 31 pay period. (Round answers to 2 decimal places, eg. 52.75.) J. Seligman $ L. Marshall $ R. Eby O arch -/2.5 For the pay period ending December 31, each employee's gross earnings is $4,500. The 7.65% FICA tax rate consists of the Social Security tax rate of 6.20% on salaries and wages up to $128,400 and the Medicare tax rate of 1.45% on all salaries and wages. Compute the FICA withholdings that should be made for each employee for the December 31 pay period. (Round answers to 2 decimal places, eg. 52.75.) J. Seligman $ L. Marshall $ R. Eby $ T. Olson $ e Textbook and Media G
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