Calculate Payroll K. Mello Company has three employees-a consultant, a computer programmer, and an administrator. The...

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Calculate Payroll K. Mello Company has three employees-a consultant, a computer programmer, and an administrator. The followi

K. Mello Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee:

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Answer 1

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Answer #1

Gross pay

Particulars	Gross earnings ($)	Calculations
Consultant	$5,000
Computer Programmer	$2,800	($50 per hour * 40 hours) + ($502 per hour 8 hours)
Administrator	$3,390	($60 per hour * 40 hours) + ($601.5 per hour 11 hours)

Net pay
Particulars	Consultant	Computer Programmer	Administrator
Gross pay	$5,000	$2,800	$3,390
Less : Social security tax @6%	$300	$168	$203.40
Less : Medicare tax @1.5%	$75	$42	$50.85
Less : Federal income tax withheld	$1,150	$428	$572
Net pay	$3,475	$2,162	$2,563.75

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Answer 2

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