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: Regular earnings rate Overtime earnings rate Federal income tax withheld Consultant Computer Programmer Administrator $2,010 per week $30 per hour $46 per hour Not applicable $925 2 times hourly rate $247 1.5 times hourly rate $495 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 62 hours. Assume further that the social security tax rate was 6%, and the Medicare tax rate was 1.5%. 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 Feedback Consultant 2,010 Computer Programmer Administrator 1,920 1,655 X $ 3,054.4 X $ 2,515.88 X Check My Work 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