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The employees of Lillian's Interiors are paid on a semimonthly basis. Required: Compute the FICA taxes for the employees for the December 29, 2023, pay period. All employees are single and have been employed for the entire calendar year. Note: Round "Social Security Tax" and "Medicare Tax" to 2 decimal places. YTD Pay for Semimonthly December 15 Employee Pay Pay Date W. Babish $ 8,330 G. Hanoush $ 6,280 R. Fezzeti $ 9,255 T. Gomez $ 4,555 N. Bertraud $ 5,710 R. LaPonte $ 4,955 Social Security Tax Medicare Tax for December for December 29 Pay Date 29 Pay Date

The employees of Lillian's Interiors are paid on a semimonthly basis. Required: Compute the FICA taxes for the employees for the December 29, 2023, pay period. All employees are single and have been employed for the entire calendar year. Note: Round "Social Security Tax" and "Medicare Tax" to 2 decimal places. YTD Pay for Semimonthly December 15 Employee Pay Pay Date W. Babish $ 8,330 G. Hanoush $ 6,280 R. Fezzeti $ 9,255 T. Gomez $ 4,555 N. Bertraud $ 5,710 R. LaPonte $ 4,955 Social Security Tax Medicare Tax for December for December 29 Pay Date 29 Pay Date

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The employees of Lillian's Interiors are paid on a semimonthly basis. Required: Compute the FICA taxes for the employees for the December 29, 2023, pay period. All employees are single and have been employed for the entire calendar year. Note: Round "Social Security Tax" and "Medicare Tax" to 2 decimal places. YTD Pay for Semimonthly December 15 Employee Pay Pay Date W. Babish $ 8,330 G. Hanoush $ 6,280 R. Fezzeti $ 9,255 T. Gomez $ 4,555 N. Bertraud $ 5,710 R. LaPonte $ 4,955 Social Security Tax Medicare Tax for December for December 29 Pay Date 29 Pay Date
Transcribed Image Text:The employees of Lillian's Interiors are paid on a semimonthly basis. Required: Compute the FICA taxes for the employees for the December 29, 2023, pay period. All employees are single and have been employed for the entire calendar year. Note: Round "Social Security Tax" and "Medicare Tax" to 2 decimal places. YTD Pay for Semimonthly December 15 Employee Pay Pay Date W. Babish $ 8,330 G. Hanoush $ 6,280 R. Fezzeti $ 9,255 T. Gomez $ 4,555 N. Bertraud $ 5,710 R. LaPonte $ 4,955 Social Security Tax Medicare Tax for December for December 29 Pay Date 29 Pay Date
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