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What on earth am i doing wrong?? Requlred Information Use the following information for the Exercises below. (Algo) [The following informotion opplies to the questions
What on earth am i doing wrong??
Requlred Information Use the following information for the Exercises below. (Algo) [The following informotion opplies to the questions disployed below.] BMX Compeny has one employee. FICA Social Security taxes are 6.2% of the first $137,700 peid to its employee, and FICA Medicare texes are 1.45% of gross poy. For BMX, its FUTA toxes are 0.6% and SUTA toxes are 5.4% of the first $7,000 poid to its employee. Exerclse 9.7 (Algo) Computing payroll taxes LO P2, PS Compute BMX's amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three ieporste situstions (a), (b), and (c). (Round your answers to 2 decimal places.)Step by Step Solution
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