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Calculate Payroll K. Mello Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee:
Calculate Payroll K. Mello Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee: Consultant Computer Programmer Administrator Regular earnings rate $3,010 per week $32 per hour $50 per hour Overtime earnings rate Not applicable 2 times hourly rate 1.5 times hourly rate Federal income tax withheld $910 $241 $515 For hourly employees, overtime is paid for hours worked in excess of 40 hours per week. For the current pay period, the computer programmer worked 54 hours and the administrator worked 62 hours. Assume further that the social security taxc rate was 6%, and the Medicare tax rate was 1.5%. the three employees for the current pay period. Assume the normal working hours in a week ara 40 Determine the gross pay and the net pay for each hours. If required, round your answers to two decimal places. Consultant Computer Programmer Administrator Gross pay Net pay
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