Calculate Payroll K. Mello Company has three employees-a consultant, a computer programmer, and an administrator....
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Accounting
Calculate Payroll 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 Programmer Administrator Regular earnings rate Overtime earnings rate Federal income tax 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 53 hours and the administrator worked 65 hours. Assume further that the social security tax rate was 6%, and the Medicare tax rate was 1.5% $2,010 per week Not applicable $910 $32 per hour $44 per hour 1.5 times hourly rate $515 2 times hourly rat $255 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 Programmer Administrator Gross pay 2,010 Net pay
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