Accounting Assignment | College Homework Help

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 $128.400 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 Gross Pay through August 31 $ 5,800 2.650 123,400 Gross Pay for September $1.000 2,750 9.300 Tax September Earnings Subject to Tax 1.400.00 1,400.00 11AA FICA—Social Security LFICA—Medicare FUTA SUTA Tax Rate 6.20% 1.45% ATT AD Tax Amount $ 86.80 20.30 1 TL / S Tax Rate Tax Amount Tax September Earnings Subject to Tax FICA—Social Security FICA—Medicare FUTA SUTAT 6.20% 1.45% Tax September Earnings Subject to Tax Tax Amount FICA-Social Security FICA—Medicare FUTA SUTA Tax Rate 6.20% 1.45%