Question

Westway Company pays Suzie Chan $2,340 per week. Assume Social Security is 6.2% on $118,500 and...

Westway Company pays Suzie Chan $2,340 per week. Assume Social Security is 6.2% on $118,500 and 1.45% for Medicare.

a. By the end of week 52, how much did Westway deduct for Suzie's Social Security and Medicare for the year? (Round your answers to the nearest cent.)

Deductions

Social Security $

Medicare $

b. What state and federal unemployment taxes does Westway pay on Suzie's yearly salary? The state unemployment rate is 5.1% and the federal unemployment tax is 0.6% on the first $7,000.

Payment

State unemployment taxes $

Federal unemployment taxes $

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