K. Mello Company has three employees—a consultant, a computer
programmer, and an administrator. The following payroll information
is available for each employee: Consultant Computer Programmer
Administrator Regular earnings rate $5,000 per week $50 per hour
$60 per hour Overtime earnings rate Not applicable 2 times hourly
rate 1.5 times hourly rate Federal income tax withheld $1,150 $428
$572 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 48 hours and the administrator worked 51
hours. Assume that the social security tax rate was 6.0%, and the
Medicare tax rate was 1.5%.
K. Mello Company has three employees—a consultant, a computer programmer, and an administrator. The following payroll in
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