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K. Mello Company has three employees a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee: Consultant computer
K. Mello Company has three employees a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee: Consultant computer Administrator Programmer Regular $3,210 532 per earnings $48 per hour per week hour rate Overtime Not 2 times 1.5 times earnings applicable hourly rate hourly rate rate Federal income tax $910 $244 $505 withheld 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 54 hours and the administrator worked 64 hours. Assume further that the social security tax rate was 6%, and the Medicare tax rate was 1.5%. Determine the gross 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. Consultant Computer Administrator Programmer pay Net
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