ex 11-10

b.U IL 0812 a computer programmes le for each employee net EX 11-10 Calculate payroll Breakin Away Company has three employees-a consultant, a co and an administrator. The following payroll information is available fo Consultant Regular earnings rate $4,000 per week Overtime earnings rate* Not applicable Number of withholding allowances "For hourly employees, overtime is paid for hours worked in excess of 40 hours per week. Computer Programmer Administra $60 per hour $50 per hour 1.5 times hourly rate 2 times hourly 1 2 vorked 50 hours and the ad- eld for all three employees, For the current pay period, the computer programmer worked 50 hours a ministrator worked 48 hours. The federal income tax withheld for all three who are single, can be determined from the wage bracket withholding table in F in the chapter. Assume further that the social security tax rate was 6.0% the 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