XYZ Mfg has three employees. Prepare payroll entries for the month of November only based on the following: Employee "Earned as of 10/31" "Earned in Nov" Huey $ 114,000 $ 12,000 Dewey 136,800 11,000 Louie 5,700 4,000 Federal withholding is 15% State withholding is 5% Social Security 6.2% of the first $120,000 Medicare is 1.5% no ceiling Federal Unemployment is .8% of the first $7,000 State Unemployment is 4.2% of the first $7,000

**Please explain in detail how to get the social security tax, and how to get the correct answers.** Thank you.