Compute Payroll

Floatin away company has three employees - a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee:

For the current pay period, the computer programmer worked 60 hours and the administrator worked 50 heurs. The federal income tax withneld for all three emplopes, who are single, can be determinied Dy adding $276,54 to 24% of the difference between the employee's amount subject to witholding and 51,692,00. Assume further that the social security tax rate was 6.046 , the Medicare tax rate was 1.5%, and one witholing allewarce is $81. Determine the jrass pay and the net pay for each of the three employees for the current pay period. Assume the normal working bours in o neek are 40 hours. If required, round your answers to two