Required information [The following information applies to the questions displayed below.] BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 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 5.4% of the first $7.000 paid to its employee. mpute BMX's amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three parate situations (a),(b), and (c). te: Round your answers to 2 decimal places. Compute BMX's amounts for each of these four taxes as applied to the employee's gross earnings for September under each of thre separate situations (a),(b), and (d). Note: Round your answers to 2 decimal places. Required information [The following information applies to the questions displayed below] BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 poid to its empioyee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, Its FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to its employee. Assuming situation ( ), prepare the employer's September 30 journal entry to record salary expense and its related payroll llabilities for his employee. The employee's federal income taxes with held by the employer are $70 for this pay period. Complete this question by entering your answers in the tabs below. The employee's federal income taxes withheld by the employer are $70 for this pay period. Assuming situation (a), compute the taxes to be with held from gross pay for this employee. Note: Hound vour answers to 2 decimal piaces. Note: Round your answers to 2 decimal places. Journal entry worksheet Prepare the employer's September 30 journal entry to record accrued salary expense and its related payroll liabilities for this employee. Noke: Enter debits before credits. Required information The foliowing information applies to the questions clisplayed below] 8MX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 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 5.4% of the first $7.000 paid to its employee. ssuming situation (ob), prepare the employer's September 30 journal entry to record the omployer's payroll taxes expense and its elated liabilities. Complete this question by entering your answers in the tabs below. Assuming situation (a), compute the payroll taxes expense. Note: Round your onswers to 2 decimal places