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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
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 51 hours and the administrator worked 62 hours, Assume that the sodal security tax rate was 6.0%, and the Medicare tax rate was 1.5%. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input vour answers in the questions below. Open spreadsheet Determine the oross pay and the netpay for each or the three employees for the current osy period. Assume the normal working hours in a neek are 40 hours. When required round intermediate calculations and final answers to two decimal places
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