subject
Business, 30.07.2021 01:20 odetteerivera

BMX Company has one employee FICA Social Security taxes are 6.2% of the first $128,400 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMC, its FUTA taxes are 0.6% and SUTA taxes are 5.4-% of the first $7,000 paid to its employee BMX Company has one employee FICA Social Security taxes are 6.2% of the first $128,400 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMC, its FUTA taxes are 0.6% and SUTA taxes are 5.4-% of the first $7,000 paid to its employee.

Gross pay through 8/31 Gross pay for September
A 5,400 2,400
B 2,450 2,550
C 123,000 8,900
Compute BMXS amount for each of these four taxes as applied to employees gross earnings for September under each of three seperate situations a, b,c
Tax September Earnings Tax Rate Tax amount
Fica-Social Security
Fica-Medicare
FUTA
SUTA
B) Tax September Earnings Tax rate Tax Amount
Fica-Social security
fica-medicare
futa
suta
c) Tax September Earnings Tax Rate Tax amount
Fica-Social Security
Fica Medicare
FUTA
SUTA

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:20
Molander corporation is a distributor of a sun umbrella used at resort hotels. data concerning the next month’s budget appear below: selling price per unit $ 29 variable expense per unit $ 14 fixed expense per month $ 12,450 unit sales per month 980 required: 1. what is the company’s margin of safety? (do not round intermediate calculations.) 2. what is the company’s margin of safety as a percentage of its sales? (round your percentage answer to 2 decimal places (i.e. 0.1234 should be entered as 12.
Answers: 3
question
Business, 22.06.2019 02:30
Acompany using the perpetual inventory system purchased inventory worth $540,000 on account with credit terms of 2/15, n/45. defective inventory of $40,000 was returned 2 days later, and the accounts were appropriately adjusted. if the company paid the invoice 20 days later, the journal entry to record the payment would be
Answers: 1
question
Business, 22.06.2019 05:50
Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes
Answers: 2
question
Business, 22.06.2019 10:30
True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.
Answers: 2
You know the right answer?
BMX Company has one employee FICA Social Security taxes are 6.2% of the first $128,400 paid to its e...
Questions
question
Chemistry, 24.10.2019 01:00
question
Mathematics, 24.10.2019 01:00
question
Mathematics, 24.10.2019 01:00
Questions on the website: 13722363