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Westway Company pays Suzie Chan $2,650 per week. Assume Social Security is 6.2% on $128,400 and 1.45% for Medicare. a. By the end of week
Westway Company pays Suzie Chan $2,650 per week. Assume Social Security is 6.2% on $128,400 and 1.45% for Medicare. a. By the end of week 52, how much did Westway deduct for Suzie's Social Security and Medicare for the year? (Round your answers to the nearest cent.)
b. What state and federal unemployment taxes does Westway pay on Suzie's yearly salary? The state unemployment rate is 5.1% and the federal unemployment tax is 0.6% on the first $7,000.
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