Using the attached template, you are to compute the gross pay, federal withholding, Social Security withholding, Medicare withholding and the net payment for this company.Assume there is no state income tax.Overtime is paid at a rate of 1.5 times the normal wage rate.

In addition,creategross pay, federal withholding, Social Security withholding, Medicare withholding and net payment for all the employees.

Further,createindicating the total gross pay, Social Security withholding, Medicare withholding and net pay for wage employees and for salary employees.

Employee Numbers Pay Rate 1 $ 44.00 2 $ 56.00 3 $ 35.00 4 $ 3,200.00 5 $ 23.00 6 $ 19.00 7 $ 33.00 8 $ 3,100.00 9 $ 2,400.00 10 $ 32.00 11 $ 23.00 12 $ 37.00 13 $ 2,450.00 14 $ 41.00 15 $ 23.00 16 $ 36.00 17 $ 4,100.00 18 $ 2,100.00 19 $ 40.00 20 $ 27.00 21 $ 31.00 22 $ 2,200.00 23 $ 26.00 24 $ 18.00 25 $ 31.00 26 $ 2,900.00 27 $ 2,850.00 28 $ 30.00 29 $ 41.00 30 $ 36.00 31 $ 2,560.00 32 $ 22.00 33 $ 42.00 34 $ 31.00 35 $ 1,800.00 36 $ 1,900.00 37 $ 35.00 38 $ 53.00 39 $ 32.00 40 $ 3,600.00 41 $ 25.00 Regular Hours Overtime Worked Hours Worked Gross Pay 40 6 40 40 9 1 40 2 1 40 9 1 1 40 6 40 40 9 1 40 2 1 40 9 1 1 40 6 40 40 9 1 40 2 1 40 9 1 1 40 6 40 40 9 1 40 2 1 40 9 1 1 40 6 40 40 9 1 40 2 Federal W/H Rate Federal W/H 0.25 0.28 0.15 0.25 0.25 0.15 0.28 0.28 0.28 0.25 0.28 0.15 0.25 0.25 0.15 0.28 0.28 0.28 0.25 0.28 0.15 0.25 0.25 0.15 0.28 0.28 0.28 0.25 0.28 0.15 0.25 0.25 0.15 0.28 0.28 0.28 0.25 0.28 0.15 0.25 0.25 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 19.00 29.00 5,000.00 1,900.00 22.00 31.00 52.00 1,900.00 22.00 18.00 28.00 3,300.00 2,100.00 37.00 52.00 19.00 4,200.00 15.00 21.00 35.00 3,500.00 2,200.00 38.00 51.00 41.00 1,875.00 27.00 33.00 27.00 3,700.00 2,600.00 1 40 1 1 40 40 40 1 40 1 40 1 1 40 40 40 1 40 1 40 1 1 40 40 40 1 40 1 40 1 1 9 6 9 2 9 6 9 2 9 6 9 2 9 0.15 0.28 0.28 0.28 0.25 0.28 0.15 0.25 0.25 0.15 0.28 0.28 0.28 0.25 0.28 0.15 0.25 0.25 0.15 0.28 0.28 0.28 0.25 0.28 0.15 0.25 0.25 0.15 0.28 0.28 0.28 Tax Rates 6.20% 1.45% SS W/H Medicare W/H Net Pay Type Wage Wage Wage Salary Wage Wage Wage Salary Salary Wage Wage Wage Salary Wage Wage Wage Salary Salary Wage Wage Wage Salary Wage Wage Wage Salary Salary Wage Wage Wage Salary Wage Wage Wage Salary Salary Wage Wage Wage Salary Wage Wage Wage Salary Salary Wage Wage Wage Salary Wage Wage Wage Salary Salary Wage Wage Wage Salary Wage Wage Wage Salary Salary Wage Wage Wage Salary Wage Wage Wage Salary Salary