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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:

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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: Consultant Computer Programmer Administrator Regular earnings rate $2,010 per week $36 per hour $42 per hour Overtime earnings rate Not applicable 2 times hourly rate 1.5 times hourly rate Federal income tax withheld 5915 $257 $500 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 52 hours and the administrator worked 4 hours. Assume further that the social security tax rate was 6%, and the Medicare tax rate was 1.5%. Determine the grass pay and the net pay for each of the three employees for the current pay perlod. Assume the normal working hours in a week are 40 hours, 16 required, round your answers to two decimal places Consultant Computer Programmer Administrator Gross pay 2,010 2,376 x Net pay Check My W 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, Learning Objective 2

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