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Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee For hourly employees overtime is

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Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee 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 60 hours and the administrator worked so hours. The federal income tax withheld for a three employees, who are single, can be determine from the wage bracket withholding table in Exhibit 3, Assume further that the social security tax rate was 6.0%, the Medicare tax rate was 15% 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. If required, round your answers to two decimal places

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