=+EX 11-8 Calculate payroll obj. 2

✔

b. Net pay,

$2,061.00 Reaves Professional Services 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 $3,000 per week $24 per hour $36 per hour Overtime earnings rate Not applicable 2 times hourly rate 2 times hourly rate Gross pay prior to current pay period $118,000 $45,000 $99,000 Number of withholding allowances 2 1 2