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Exercise 9.9A (Algo) Calculating payroll LO 9.5 Zolintck Enterprises has two hourly employees-Keily and Jon. Both emplayees earn overtime at the rate of 1.5 times

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Exercise 9.9A (Algo) Calculating payroll LO 9.5 Zolintck Enterprises has two hourly employees-Keily and Jon. Both emplayees earn overtime at the rate of 1.5 times the hourly rate hours worked in excems of 40 per week. Assume the Soclal Security tax rate is 6 percent on the first $110,000 of wages, and the Gyod are tax rate is 1,5 percent on all earmings. Federal income tox withheid for kelly and Jon was $245 and $223, respectively, tor first week of Jonuary. The following information is for the first week in Jnnuary Year 1 Required a. Calculate the gross pay for each employee for the week. b. Calculate the net pay for each employee for the week. c. Prepare the genoral joumal entry to record payment of the wages. Complete this question by entering your answers in the tabs below. Req A and B Req C Calculate the gross pay for each employee for the week. Calcuilate the net pay for each employee for the week. (found intermediate calculations and your final answers to 2 decimal places.) \begin{tabular}{|l|l|l|l|} \hline & & Katly & Jon \\ \hline a. & Oross pay & & \\ \hline b. & Nol pay & & \\ \hline \end{tabular}

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