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: Regular earnings rate Overtime earnings rate Number of withholding allowances Consultant Computer Programmer Administrator $3,210 per week $32 per hour $40 per hour Not applicable 1.5 times hourly rate 2 times hourly rate 3 2 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 $356.90 to 28% of the difference between the employee's amount subject to withholding and $1,796.00. Assume further that the social security tax rate was 6%, the Medicare tax rate was 1.5%, 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. Gross pay Net pay Consultant Computer Programmer Administrator Payroll Tax Entries According to a summary of the payroll of Guthrie Co., $476,000 was subject to the 6.0% social security tax and $585,000 was subject to the 1.5% Medicare tax. Also, $16,000 was subject to state and federal unemployment taxes. a. Calculate the employer's payroll taxes, using the following rates: state unemployment, 4.2%; federal unemployment, 0.6%. Feedback Check My Work Remember that there is typically a maximum amount of earnings subject to state and federal unemployment taxes. b. Journalize the entry to record the accrual of payroll taxes. If an amount box does not require an entry, leave it blank. Payroll Tax Expense Social Security Tax Payable. Medicare Tax Payable State Unemployment Tax Payable Federal Unemployment Tax Payable Calculate Payroll An employee earns $40 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 60 hours during the week, and that the gross pay prior to the current week totaled $58,000. Assume further that the social security tax rate was 6.0%, the Medicare tax rate was 1.5%, and federal income tax to be withheld was $644. a. Determine the gross pay for the week. 2,500 X If applicable, round your final answer to two decimal places. b. Determine the net pay for the week