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#1 Larry pays 150% of the hourly wage for hours worked in excess of 40 . Larry matches any employee contributions to their IRA. Social

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Larry pays 150% of the hourly wage for hours worked in excess of 40 . Larry matches any employee contributions to their IRA. Social Security/Medicare (FICA) rate is 7.65%. State Unemployment Tax (SUTA) rate is 2.5%. Federal Unemployment Tax (FUTA) rate is 0.5%S. What is the total cost of Larry's payroll

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