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Word Problem 9-29 (Algo) [LU 9-2 (1, 2)] Westway Company pays Suzie Chan $3,240 per week. Assume Social Security is 6.2% on $142,800 and 1.45%
Word Problem 9-29 (Algo) [LU 9-2 (1, 2)] Westway Company pays Suzie Chan $3,240 per week. Assume Social Security is 6.2% on $142,800 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? Note: Round your answers to the nearest cent. Social Security Medicare Deductions 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. Note: Enter your answers as whole numbers. State unemployment taxes Federal unemployment taxes Payment
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