Stark Company has five employees. Employees paid by the hour earn $13 per hour for the regular 40-hour workweek and $18 per 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 $128,400 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% of their gross income as a payroll withholding, which the company matches with double the amount. Following is the partially completed payroll register for the biweekly period ending August 31, which is the last payday of August. 

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Complete this payroll register by filling in all cells for the pay period ended August 31. (Round your answers to 2 decimal places.) FICA Medicare Employee Employee (Excludes Anthony Nichole Pay Type Kathleen $ 127,350.00 Salary Zoey Cumulative Pay Gracie Totals Current Period) 69 5,950.00 Salary 17,200.00 6,900.00 Current Period Gross Pay Pay Hours 5,000.00 162,400.00 Regular 80 Overtime 11 Regular 80 Overtime 7 Regular 74 Overtime Gross Pay $ 7,000.00 1,510.00 962.00 FIT Withholding SIT Withholding $ 3,050.00 720.00 122.00 41.00 152.00 46.00 142.00 43.00 132.00 42.00 $ 3,598.00 892.00 FUTA SUTA FICA S.S. Employee FICA S.S. Employer FICA Medicare Employer Employee Plan Withholding Employer Plan Expense 75.50 151.00 Employee Net Pay Complete this payroll register by filling in all cells for the pay period ended August 31. (Round your answers to 2 decimal places.) FICA Medicare Employee Employee (Excludes Anthony Nichole Pay Type Kathleen $ 127,350.00 Salary Zoey Cumulative Pay Gracie Totals Current Period) 69 5,950.00 Salary 17,200.00 6,900.00 Current Period Gross Pay Pay Hours 5,000.00 162,400.00 Regular 80 Overtime 11 Regular 80 Overtime 7 Regular 74 Overtime Gross Pay $ 7,000.00 1,510.00 962.00 FIT Withholding SIT Withholding $ 3,050.00 720.00 122.00 41.00 152.00 46.00 142.00 43.00 132.00 42.00 $ 3,598.00 892.00 FUTA SUTA FICA S.S. Employee FICA S.S. Employer FICA Medicare Employer Employee Plan Withholding Employer Plan Expense 75.50 151.00 Employee Net Pay

Answer rating: 100% (QA)

FUTA and SUTA FICA 5270 a Employee Cumm Pay Pay type Hours Kathleen 127350 Salary Anthony 5950 Salar... View the full answer