BMX Company has one employee, FICA Social Security taxes are 6.2% of the first $118,500...
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BMX Company has one employee, FICA Social Security taxes are 6.2% of the first $118,500 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay, For BMX, its FUTA taxes are 0.6% and SUTA taxes are 2.9% of the first $7,000 paid to its employee. a. b. C. Gross Pay through August $ 6,500 20,200 114,200 Gross Pay for September $ 1,900 4,100 10,000 Compute BMX's amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three separate situations (a), (b), and (c). (Round your answers to 2 decimal places.) September Earnings Subject to Tax Tax Tax Rate Tax Amount FICA-Social Security FICA Medicare FUTA SUTA b) Tax Rate Tax Amount September Earnings Subject to Tax Tax FICA Social Security FICA-Medicare FUTA SUTA c) Tax Rate Tax Amount Tax September Earnings Subject to Tax FICA Social Security FICA Medicare

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