A small firm that designs and manufactures custom skateboards has two employees that receive $1,140 gross pay per semimonthly pay period and five employees that receive $820 gross pay per semimonthly pay period. The company manager needs to determine how much to include in her budget for each employee. Starting in January, the company will be contributing \$76 per pay period to each employee's retirement fund. The company is in a state that has a maximum of $7,000 gross pay for SUTA and is required to pay 5.4% of the first $7,000 for each employee. Recall that employers pay a Social Security withholding tax rate of 6.2% for each employee on the first $118,500 of wages and a Medicare withholding tax rate of 1.45%. Complete parts 1-4 below. 1. Calculate the cost (salary, employer's portion of Social Secunty and Medicare, pension, etc.) to the company for an employee with $1,140 gross pay in the first period in January. The total cost per employee is $ (Round to the nearest cent as needed.)