Cengage xCengageNOWv2 | Online teachin G The payroll register for Gamble C x b Ch 11-3 Exercises and Problems+ ← → C â https://v2.cengagenow.com/ilrn/takeAssignment takeAssignmentMain doinvoker-assignments&takeAssignmentSessionLocator-assignment take&n Q ☆ Ch 11-3 Exercises and Problems eBook Show Me Hovw Calculator Print Itemm Calculate Payroll Breakin Away Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee Consultant Administrator Computer Programmer $30 per hour 1.5 times hourly rate 2 $2,810 per week $44 per hour Regular earnings rate Overtime earnings rate Number of withholding allowances For the current pay period, the computer programmer worked 60 hours and the administrator worked 50 hours. The federal income tax withheld for all three employees who are single can be determined by adding $356.90 to 28% of the difference between the employee's amount subject to withholding and $1,796.00. Assume further that the social security tax rate was 6%, the Medicare tax rate was 1.5%, and one withholding allowance is $70 Determine the gross pay and the net pay for each of the three employees for the current pay period. Assume the normal working hours in a week are 40 hours. If required, round your answers to two decimal places Not applicable 2 times hourly rate Consultant Administrator 2,640 1,918.68 Computer Programmer Gross pay 2,810 2,100 Net pay 2,017.23 1,539.68 Check My Work 0 more Check My Work uses remaining Previous Next Assignment Score: 54.31% All work saved Email InstructorSave and Exit Submit Assignment for Grading 2:15 AM Tvpe here to search 4/1/2019
Cengage xCengageNOWv2 | Online teachin G The payroll register for Gamble C x b Ch 11-3 Exercises and Problems+ ← → C â https://v2.cengagenow.com/ilrn/takeAssignment takeAssignmentMain doinvoker-assignments&takeAssignmentSessionLocator-assignment take&n Q ☆ Ch 11-3 Exercises and Problems eBook Show Me Hovw Calculator Print Itemm Calculate Payroll Breakin Away Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee Consultant Administrator Computer Programmer $30 per hour 1.5 times hourly rate 2 $2,810 per week $44 per hour Regular earnings rate Overtime earnings rate Number of withholding allowances For the current pay period, the computer programmer worked 60 hours and the administrator worked 50 hours. The federal income tax withheld for all three employees who are single can be determined by adding $356.90 to 28% of the difference between the employee's amount subject to withholding and $1,796.00. Assume further that the social security tax rate was 6%, the Medicare tax rate was 1.5%, and one withholding allowance is $70 Determine the gross pay and the net pay for each of the three employees for the current pay period. Assume the normal working hours in a week are 40 hours. If required, round your answers to two decimal places Not applicable 2 times hourly rate Consultant Administrator 2,640 1,918.68 Computer Programmer Gross pay 2,810 2,100 Net pay 2,017.23 1,539.68 Check My Work 0 more Check My Work uses remaining Previous Next Assignment Score: 54.31% All work saved Email InstructorSave and Exit Submit Assignment for Grading 2:15 AM Tvpe here to search 4/1/2019
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Can you help me with this problem? I'm having trouble finding the values for the net pay. Thanks!
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