Question: Exercise 9 - 9 A ( Algo ) Calculating payroll LO 9 - 5 Zolnick Enterprises has two hourly employees - Kelly and Jon. Both

Exercise 9-9A (Algo) Calculating payroll LO 9-5
Zolnick Enterprises has two hourly employees-Kelly and Jon. Both employees earn overtime at the rate of 1.5 times the hourly rate for hours worked in excess of 40 per week. Assume the Social Security tax rate is 6 percent on the first $110,000 of wages, and the Medicare tax rate is 1.5 percent on all earnings. Federal income tax withheld for Kelly and Jon was $250 and $223, respectively, for the first week of January. The following information is for the first week in January Year 1.
\table[[Employee,Hours Worked,\table[[Wage Rate per],[Hour]]],[Kelly,57,$19
 Exercise 9-9A (Algo) Calculating payroll LO 9-5 Zolnick Enterprises has two

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