Breakin Away Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee:

*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 50 hours and the administrator worked 48 hours. The federal income tax withheld for all three employees, who are single, can be determined from the wage bracket withholding table in Exhibit 2 in the chapter. Assume further that the social security tax rate was 6.0%, the Medicare tax rate was 1.5%, and one withholding allowance is $75.
Determine the gross pay and the net pay for each of the three employees for the current pay period.
Exhibit 2
Wage Bracket Withholding Table
Table for Percentage Method of Withholding WEEKLY Payroll Period

4 IRS withholding tables are also available for married employees and for pay periods other than weekly.

Consultant $4,000 per week Not applicable Computer Programmer Administrator Regular earnings rate Overtime earnings rate Number of withholding allowances $60 per hour 1.5 times hourly rate $50 per hour 2 times hourly rate (a) SINGLE person (including head of household)- If the amount of wages (after subtracting withholding allowances) The amount of income tax IS: to withhold is: Over-But not over- $43 S222 S767 $1,796 $3,700 $7,992 $8,025 $222 . . $0.00 plus 10% $767 . , $17.90 plus 15% $1,796 . . $99.65 plus 25% -$3,700 . . $356.90 plus 28% $7,992 . . $890.02 plus 33% -$8,025 . . $2,306.38 plus 35% of excess over_ S43 $222 $767 S1,796 S3,700 $7,992 S8,025 McGrath wage bracket $2,317.93 plus 39.6%