Question: ! Required information Problem 9-24A Computation of net pay and payroll expense LO 9-5 [The following information applies to the questions displayed below.] The

! Required information Problem 9-24A Computation of net pay and payroll expenseLO 9-5 [The following information applies to the questions displayed below.] Thefollowing information is available for the employees of Webber Packing Company forthe first week of January Year 1: 1. Kayla earns $24 perhour and 1/2 times her regular rate for hours over 41 perweek. Kayla worked 50 hours the first week in January. Kayla's federal

! Required information Problem 9-24A Computation of net pay and payroll expense LO 9-5 [The following information applies to the questions displayed below.] The following information is available for the employees of Webber Packing Company for the first week of January Year 1: 1. Kayla earns $24 per hour and 1/2 times her regular rate for hours over 41 per week. Kayla worked 50 hours the first week in January. Kayla's federal income tax withholding is equal to 11 percent of her gross pay. Webber pays medical insurance of $95 per week for Kayla and contributes $57 per week to a retirement plan for her. 2. Paula earns a weekly salary of $1,400. Paula's federal income tax withholding is 18 percent of her gross pay. Webber pays medical insurance of $110 per week for Paula and contributes $95 per week to a retirement plan for her. 3. Vacation pay is accrued at the rate of 2 hours per week (based on the regular pay rate) for Kayla and $100 per week for Paula. Assume the Social Security tax rate is 6.0 percent on the first $110,000 of salaries and the Medicare tax rate is 1.5 percent of total salaries. The state unemployment tax rate is 5.4 percent and the federal unemployment tax rate is 0.6 percent of the first $7,000 of salary for each employee. Problem 9-24A Part a Required a. Compute the gross pay for Kayla for the first week in January. (Round your answer to 2 decimal places.) Gross pay

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