Acc225 Fundamental of Accounting Principles: E11-6 RNG Co. has one employee, and

Acc225 Fundamental of Accounting Principles
E11-6
RNG Co. has one employee, and the company is subject to the following taxes.
Tax Rate Applied To
FICA-Social Security 6.20% First $102,000
FICA-Medicare 1.45% All gross pay
FUTA 0.80% First $7,000
SUTA 2.90% First $7,000

Compute RNG'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) (Leave no cells blank - be certain to enter "0" wherever required. Round your answers to 2 decimal places. Omit the "$" sign in your response):
Gross Pay through August Gross Pay for September
a. 6,200 2,000
b. 18,600 3,100
c. 95,400 8,600
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