K. Mello Company has three employees-a consultant, a computer programmer, and an administrator. The following...
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Accounting
K. Mello Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is avallable for each employee: 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 53 hours and the administrator worked 62 hours. Assume that the social security tax rate was 6,0%, and the Medicare tax rate was 1.5%. This information has been collected in the Microsort Excel Online file, Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet Determine the gross poy 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. When required round intermedlate calculations and final answers to two decimal places

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