K. Mello Company has three employees-a consultant, a computer programmer, and an administrator, The following...
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Accounting
K. Mello Company has three employees-a consultant, a computer programmer, and an administrator, The following payroll information is avallable for each employee: For hourty employees, overtime is paid for hours worked in excess of 40 hours per week. For the current pay period, the computer programmer worked 51 hours and the administrator worked 65 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 riet pay for each of the three employees for the current pay period. Asiume the normal working hours in a week are 40 hours. When required round intermediate calculations and final answers to two decimal places
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