Calculate Payroll

Breakin Away Company has three employees$-$a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee:

$\backslash$table$[[,$Consultant,Computer Programmer,Administrator$],[$Regular earnings rate,$$2,910$ per week,$$28$ per hour,$$40$ per hour$],[$Overtime earnings rate,Not applicable,$1\mathrm{.}5$ times hourly rate,$2$ times hourly rate$],[$Number of withholding allowances,$3,2,1]]$

For the current pay period, the computer programmer worked $60$ hours and the administrator worked $50$ hours. The federal income tax withheld for all three employees, who are single, can be determined by adding $$356\mathrm{.}90$ to $28\%$ of the difference between the employee's amount subject to withholding and $$1,796\mathrm{.}00.$ Assume further that the social security tax rate was $6\%,$ the Medicare tax rate was $1\mathrm{.}5\%,$ and one withholding allowance is $$70.$

Determine the gross pay and the net pay for each of the three employees for the current pay period. Assume the normal working hours in a week are $40$ hours. If required, round your answers to two decimal places.

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Gross pay represents the total earnings of an employee for a specific pay period, prior to taxes and deductions. Net pay is also known as take$-$home pay.

Locate the proper withholding wage bracket in the withholding table. Pay attention to the number of exemptions each employee is claiming.