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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
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 $2,610 per week Not applicable $925 Computer Programmer Administrator $36 per hour 2 times hourly rate $250 $44 per hour 1.5 times hourly rate $515 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 65 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 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
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