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[ The following information applies to the questions displayed below. ] The following information is available for the employees of Webber Packing Company for the
The following information applies to the questions displayed below.
The following information is available for the employees of Webber Packing Company for the first week of January Year :
Kayla earns $ per hour and times her regular rate for hours over per week. Kayla worked hours the first
week in January. Kayla's federal income tax withholding is equal to percent of her gross pay. Webber pays medical
insurance of $ per week for Kayla and contributes $ per week to a retirement plan for her.
Paula earns a weekly salary of $ Paula's federal income tax withholding is percent of her gross pay. Webber
pays medical insurance of $ per week for Paula and contributes $ per week to a retirement plan for her.
Vacation pay is accrued at the rate of hours per week based on the regular pay rate for Kayla and $ per week for
Paula.
Assume the Social Security tax rate is percent on the first $ of salaries and the Medicare tax rate is percent
of total salaries. The state unemployment tax rate is percent and the federal unemployment tax rate is percent of
the first $ of salary for each employee.
Problem A Algo Part b
Compute the net pay for both Kayla and Paula for the first week in January. Do not round intermediate calculations. Round your
answers to decimal places.
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