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(Solved): i need help thank you :) Paloma Company has four employees. FICA Social Security taxes are \( 6.2 \% ...



i need help thank you :)

Paloma Company has four employees. FICA Social Security taxes are \( 6.2 \% \) of the first \( \$ 137,700 \) paid to each emp
2) Employees FICA Withholdings for Medicare
3) Employers FICA Taxces for Social Security
4) Employera FICA Taxes for Medic
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8) Employers Total Payroll-Related Expense for Each Employee.
Paloma Company has four employees. FICA Social Security taxes are \( 6.2 \% \) of the first \( \$ 137,700 \) paid to each employee, and FICA Medicare taxes are \( 1.45 \% \) of gross pay. Also, for the first \( \$ 7,000 \) paid to each employee, the company's FUTA taxes are \( 0.6 \% \) and SUTA taxes are \( 5.4 \% \). 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. In addition to gross pay, the company must pay one-haif of the \( \$ 68 \) 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. Required: Compute the following for the week ended August 25. (Round your Intermediate calculations and final answers to 2 decimal places.): 2) Employees' FICA Withholdings for Medicare 3) Employer's FICA Taxces for Social Security 4) Employer'a FICA Taxes for Medicare \begin{tabular}{|l|l|l|l|} \hline Employoe & Earnings Subject to Tax & Tax Rate & Tax Amount \\ \hline Tax Rate & & & \\ \hline Dall & & & \\ \hline Trey & & & \\ \hline Kiesha & & & \\ \hline Chee & & Total & \\ \hline \end{tabular} 5) Employer's FUTA Taxes \begin{tabular}{|l|l|l|l|} \hline Employee & \multicolumn{1}{|c|}{ Earnings Subjeot to Tax } & Tax Rate & Tax Amount \\ \hline Tax Rate & & & \\ \hline Dall & & & \\ \hline Trey & & & \\ \hline Kiesha & & Total & \\ \hline Chee & & & \\ \hline \end{tabular} 6) Enployer's SUTA Taxes \begin{tabular}{|l|l|l|l|l|} \hline Employee & Earnings Subject to Tax & Tax Rate & Tax Amount \\ \hline Tax Rate & & & \\ \hline \end{tabular} i Saved 8) Employer's Total Payroll-Related Expense for Each Employee.


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1) Employees' FICA Withholdings for Social Security Employee Earnings Subject Tax Rate Tax Amount to Tax Dali $4,200 6.20% $260.40 Trey ($137,700-$133
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