Question: K. Mello Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee: Computer Programmer
K. Mello Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee: Computer Programmer Regular earnings rate Overtime earnings rate Federal income tax withheld Consultant Administrator $6,000 per week $55 per hour $70 per hour Not applicable $1,380 2 times hourly rate 1.5 times hourly rate $452 $642 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 46 hours and the administrator worked 50 hours. Assume that the social security tax rate was 6.0%, and the Medicare tax rate was 1.5%. Determine the gross pay and the net pay for each of the three employees for the current pay period. When required round intermediate calculations and final answers to two decimal places. Consultant Gross pay $6,000.00 Net pay Computer Programmer Administrator
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Payroll Calculations for Mello Company Consultant The consultant is salaried and doesnt receive over... View full answer
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