Employee earnings records for Slaymaker Company reveals the following gross earnings for four employees through the pay period of December 15.
| J. Seligman | $93,500 | L. Marshall | $115,100 |
| R. Eby | $113,600 | T. Olson | $120,000 |
For the pay period ending December 31, each employee's gross earnings is 4,500. The FICA tax rate is 7.65% on gross earnings of $117,000.
Instructions
Compute the FICA withholdings that should be made for each employee for the December 31 pay period.
Solution
