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Breakin Away company has three employees-a consultarit, a computer programmer, and an adminstrator the following payroll information is available for each ertyloyec: For the curment
Breakin Away company has three employees-a consultarit, a computer programmer, and an adminstrator the following payroll information is available for each ertyloyec: For the curment pay period, the computer programmer worked 60 hours and the administrator worked 50 hoirs. The federal incorne tax withheld for alt three employees, who are single, can be determined by adding $356.90 to 28% of the difference between the employee's amount subject to with halding and $1.796.00. Assume further that the social security tax nite was 6%, the Medicare tax rate was 1.5%, and one withholding allowance is 570 . Determine the gross pay and the net poy for each of the three empioyees for the current pay period. Assume the normal working hours in a week are 4o hoursi II required, round youf answers to two decimal places
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