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Stark Company has five employees. Employees paid by the hour receive a $10 per hour pay rate for the regular 40-hour workweek plus one and

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Stark Company has five employees. Employees paid by the hour receive a $10 per hour pay rate for the regular 40-hour workweek plus one and one-half times the hourly rate for each overtime hour beyond the 40 hours per week. Hourly employees are paid every two weeks, but salaried employees are paid monthly on the last biweekly payday of each month. FICA Social Security taxes are 6.2% of the first $117,000 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to each employee. The company has a benefits plan that includes medical insurance, life insurance, and retirement funding for employees. Under this plan, employees must contribute 5 percent of their gross income as a payroll withholding, which the company matches with double the amount. Following is the partially completed payrol register for the biweekly period ending August 31, which is the last payday of August a. Complete this payroll register by filling in all cells for the pay period ended August 31. (Round your answers to 2 decimal places.) FICA FICA S.S. Medicare Withholding Employee Employee Employee Current Period Gross Pay Employee Plan Cumulative Pay Withholding Employee (Excludes FICA Employer Plan Net Pay Current Period) Pay Pay Gross Pay Withholding SUTA FICA S.s. Medicare Employer Employer Expense ype Hours $ 2,000.00 300.00 80.00 20.00 110.00 25.00 100.00 22.00 90.00 21.00 KathleenS 115,200.00 Salary 7,000.00 4.00 Anthony 6,800.00 Salary 500.00 4.00 Regular80 Overtime 8 Nichole 6.500.00 Regular oe Overtime 4 740.00 5,000.00 Regular 74 Gracie ime $ 2,380.00 4.00 388.000.00 Totals $ 148,500.00 4.00

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