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1 . Cougar Mountain Sports employs three employees, and pays time - and - a - half for overtime. Monthly paychecks are distributed on the

1. Cougar Mountain Sports employs three employees, and pays time-and-a-half for overtime. Monthly paychecks are distributed on the Friday following the last day of the month. The company withholds federal income tax (18%), state income tax (7%), FICAOASDI (6.2%)for wages up to $118,500, and FICAMedicare (1.45%). The company also pays payroll taxes for FICAOASDI (6.2%) for wages up to $118,500, FICAMedicare (1.45%), and state and federal unemployment (5.4% and 0.6% respectively) for wages up to $7,000. August 2024 has 22 working days.
Requirement 1
Complete the Payroll Register for the three employees for the week ended August 31,2024.
Requirement 2
Complete the Payroll Tax Register for the week ended August 31,2024.
Requirement 3
Compute the total payroll expense for the week ended August 31.
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