Mariene Grady and Pauline Monroe are partners engaged in operating The GsM Doll Shop, which...
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Accounting
Mariene Grady and Pauline Monroe are partners engaged in operating The GsM Doll Shop, which has employed the following persons since the beginning of the year: Grady and Monroe are each paid a weekly salary allowance of $950. The doll shop is foeated in a state that requires unemployment compensation contributions of employers of one or more individuals. The company is subject to state contributions at a rate of 3.1% for wages not in excess of $8,100. Compute each of the following amounts based on the 41 st weekly payroll period for the week ending October 14, 20 - Round your intermediate calculations and final answers to the nearest cent. Use rounded answers in subsequent computations. If an amount is zero, enter " 0 ". a. Amount of HCA taxes (OASDI and HI ) to be withheld from the eamings of esch person. a. Amount of FICA taxes (OASDI and HI ) to be withheld from the earnings of each person. b. Amount of the employer's FICA taxes for the weekly payroll. c. Amount of state unemployment contributions for the weekly payroll. $ d. Amount of the net FUTA tax on the payroll. $ e. Total amount of the employer's payroll taxes for the weekly payroll. $


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