Employee earnings records for Medenciy company reveal the following gross earnings for 4 employees the pay period December 15. C.Ogle $93,500, Delagado $96,100, Ljeter $97k600, T.Spivey $104,000. For the pay period ending December 31, each employee's gross earnings is $4000. The FICA tax rate is 8% on gross earnings of $100,000.
Instructions
Computer the FICA withholdings that should be made for each employee for the December 31 pay period.