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Required information Use the following information for the Exercises below. The following information applies to...

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Accounting

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Required information Use the following information for the Exercises below. The following information applies to the questions displayed below] 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. eBook Hint Print Gross Pay for September $1,700 Gross Pay through August $ 6,400 20,100 114,100 References a. 4,000 b. 9,900 C. Required information 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.) 15 points a) September Earnings Subject to Tax eBook Tax Tax Rate x Amount FICA-Social Security Hint FICA-Medicare Print FUTA References SUTA b) September Earnings Subject to Tax Tax Amount x Rate Tax FICA-Social Security FICA-Medicare FUTA SUTA c) September Earnings Subject to Tax Tax Rate Tax Amount Tax FICA-Social Seourity FICA-Medicare FUTA SUTA

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