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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: Consultant
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: Consultant Computer Programmer Regular earnings rate $2,110 per week $28 per hour $46 per hour Overtime earnings rate Not applicable 1.5 times hourly rate 2times hourly rate Number of withholding allowances For the current pay period, the computer progra mer worked hours and the administrator worked 50 hours. The federal income tax n held 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 51,796.00 Assume further that the socal 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 Consultant Computer Programmer Gross pay Net pay
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