Employee earnings records for Brantley Company reveal the following gross earnings for four employees through the pay period of December 15.
|
C. Mays |
$83,500 |
D. Delgado |
$105,600 |
|
L. Jeter |
$104,500 |
T. Rolen |
$106,800 |
For the pay period ending December 31, each employee’s gross earnings is $4,000. Employees are required to pay a FICA tax rate of 8% gross earnings of $106,800.
Instructions
Compute the FICA withholdings that should be made for each employee for the December 31 pay period. (Show computations.)