Question
K. Mello Company has three employeesa consultant, a computer programmer, and an administrator. The following payroll information is available for each employee: Line Item Description
K. Mello Company has three employeesa consultant, a computer programmer, and an administrator. The following payroll information is available for each employee: Line Item Description Consultant Computer Programmer Administrator Regular earnings rate $6,000 per week $55 per hour $70 per hour Overtime earnings rate Not applicable 2 times hourly rate 1.5 times hourly rate Federal income tax withheld $1,380 $452 $642 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 46 hours and the administrator worked 50 hours. Assume that the social security tax rate was 6.0%, 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. When required round intermediate calculations and final answers to two decimal places. Line Item Description Consultant Computer Programmer Administrator Gross pay $fill in the blank 1 $fill in the blank 2 $fill in the blank 3 Net pay $fill in the blank 4 $fill in the blank 5 $fill in the blank 6
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