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Business, 10.10.2019 01:00 naomicervero

Paloma co. stars has four employees. fica social security taxes are 6.2% of the first $113,700 paid to each employee, and fica medicare taxes are 1.45% of gross pay. also, for the first $7000 paid to each employee, the company's futa taxes are 0.6% and suta taxes are 2.15%. the company is preparing its payroll calculations for the week ended august 25. payroll records show the following information for the company's four employees. name gross pay through 8/18 gross pay income tax withholdingdahila $112,600 $2,000 $284trey 112,800 900 145kiesha 7,100 450 39chee 1,050 400 30in addition to gross pay, the company must pay one-half of the $60 per employee weekly health insurance; each employee pays the remaining one-half. the company also contributes an extra 8% of each employee's gross pay (at no cost to employees) to a pension fund. requiredcompute the following for the week ended august 25 (round amounts to the nearest cent).make tables1. each employee's fica withholdings for social security.2. each employee's fica withholdings for medicare.3. employer's fica taxes for social security.4. employer's fica taxes for medicare.5. employer's futa taxes.6. employer's suta taxes.7. each employee's net (take-home) pay.8. employer's total payroll-related expense for each employee.

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Paloma co. stars has four employees. fica social security taxes are 6.2% of the first $113,700 paid...
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