directions are listed within assignment

computer science

Description

calculate totals using correct formulas in excel.  directions are listed within assignment.

Employee Rate Hours Dep. YTD Soc. Sec. Gross Pay Soc. Sec. Medicare Fed. Tax State Tax Net Pay
Edward            32.25          49.50 6 $4,974.00       $0.00 $0.00  
Cathy            12.00          28.00 10 $5,540.20       $0.00 $0.00  
Duane            22.40          70.00 4 $4,254.00       $0.00 $0.00  
Albert            29.75          18.00 5 $5,553.90       $0.00 $0.00  
Lisa            16.25          42.00 2 $4,825.50       $0.00 $0.00  
Robert            22.15          48.00 6 $4,825.50       $0.00 $0.00  
Doris            29.15          36.25 4 $5,553.90       $0.00 $0.00  
Totals   291.75   35,527.00 0.00 0.00 0.00 0.00 0.00 0.00
SS Tax 6.20%
Medicare Tax 1.45%
Max SS $5,553.90
METRICS
Gross Pay: Less Than or Equal to 40 hours = Hours multiplied by rate;  More than 40 hours = Hours multiplied by rate + 1/2 rate for hours over 40
Social Security: If SS Tax multiplied by Gross Pay + Gross Pay is > Max SS =  Max SS - YTD; If not, SS Tax multiplied by Gross Pay
Medicare: Gross Pay multiplied by Medicare Tax
Net Pay: Gross Pay minus Social Security and all taxes

Instruction Files

Related Questions in computer science category


Disclaimer
The ready solutions purchased from Library are already used solutions. Please do not submit them directly as it may lead to plagiarism. Once paid, the solution file download link will be sent to your provided email. Please either use them for learning purpose or re-write them in your own language. In case if you haven't get the email, do let us know via chat support.