Question

Payroll Problem 75 points Guides Co. has four employees. FICASocial Security taxes are 6.2% of the first $110,100 paid to eachemployee, and FICA Medicare taxes are1.45% of gross pay. Also, forthe first $7,000 to each employee the company’s FUTA taxes are 0.8%and SUTA taxes are 1.75%. The company is preparing its payrollcalculations for the week ended September 30. Payroll Records showthe following for the company’s four employees. Gross Pay Currentpay Name Through 9/23 Gross Pay Income Tax Withholding State TaxWithholding Ahmed $108,500 $2,500 $198 $50 Carlos 36,650 1.515 18245 June 6,650 475 32 10 Marie 22,200 1,000 68 23 In addition togross pay, the company must pay one - half of the $50 per employeeweekly health insurance ; each employee pays the remaining one -half . The company also contributes an extra 5% of each employee’sgross pay (at no cost to employees) to a pension fund. Employeesalso paid 6.88 per week in union dues with the exception of Ahmedsin ce he is a supervisor. Required: Compute the following for theweek ended September 30 (round amounts to the nearest cent). 1.Each employee’s FICA withholdings for Social Security. 2. Eachemployee’s FICA withholding for Medicare. 3. Employer’s FICA taxesfor Social Security. 4. Employer’s FICA taxes for Medicare. 5.Employer’s FUTA taxes. 6. Employer’s SUTA taxes. 7. Each employee’snet (take - home) pay. 8. Employer’s total payroll - relatedexpense for each employee.

i HAVE SUMMITED THE SAME QUESTION 4 TIMES EACH TIME IT ISDIFFERENT. i AM STRUGGLING TO FIGURE OUT HOW TO DO THIS!