Prepare a payroll summary for throwback industries inc. for the week ended december 9. assume the normal working hours in a week are 40 hours. enter amounts as positive numbers and round your intermediate calculations and final answers to the nearest whole cent (two decimal places).

The payroll for Throwback Industries Inc, for the week of December 9th is 7,600. The company has 20 employees and the average hourly wage is 9.50 per hour. If we increase the pay of our employees to 10.00 and hour it will increase our payroll for each week to 8,000 which is a 400 increase per week.