Question: Exercise 9-9A Calculating payroll LO 9.5 Zolnick Enterprises has two hourly employees: Kelly and Jon. Both employees earn overtime at the rate of 15 times
Exercise 9-9A Calculating payroll LO 9.5 Zolnick Enterprises has two hourly employees: Kelly and Jon. Both employees earn overtime at the rate of 15 times the hourly rate for Medicare tax rate is 15 percent on all earnings. Federal income tax withheld for Kelly and Jon was $255 and 5223, respectively. The following information is for the first week in January Year 1 Hours worked Employee Kelly Jon Wage Rate per Hour $18 523 Required 6. & b. Calculate the gross pay and the net pay for each employee for the week. (Round the intermediate calculations and your final answers to 2 decimal places.) - Kolly Jon a. Gross pay bNet pay
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