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Paloma Co. has four em employee, a as four employees. FICA Social Security tases are npan dicare ta Payroll companys four employees. claims The company is for the week ended August 25. Payroll records shonw the tollowing mation tor the Gross Pay ugh Aug. 18 Da Kiesha Chee 117,600 6,900 1,250 450 400 30 In addition to gross pay, the company must emploeach employee pays the remaining one-third. The company also contributes an extra 8% of each Required Co pay two-thirds of the $60 per employee weekly health insur- gross pay (at no cost to employees) to a pension fund. e the following for the week ended August 25 (round amounts to the nearest cent): employees FICA withholdings for Social Security. put 2. Each employees FICA withholdings for Medicare. 3. Employers FICA taxes for Social Security 4. Employers FICA taxes for Medicare. 5. Employers FUTA taxes. 6. Employers SUTA taxes. 7. Each employees net (take-home) pay 8. Employers total payroll-related expense for each employee.
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