Preethi is a salaried, nonexempt administrative assistant and is paid semimonthly. Preethi is married filing jointly with five dependents under 17. Annual salary is $80,600 with a standard work week of 37.5 hours, and the employer will pay overtime for excess hours over 37.5. During the pay period, 10 hours of overtime were worked. Required: Compute the gross pay for the period ending August 18. Note: Do not round intermediate computations. Round your final answers to 2 decimal places. Period Ended: 08/18/xxxx Name Filing Status Dependents Period Salary Hourly Rate Number of Regular Hours Number of Overtime Hours Regular Earnings Overtime Earnings Gross Earnings MI 5<17 10.00

Preethi is a salaried, nonexempt administrative assistant and is paid semimonthly. Preethi is married filing jointly with five dependents under 17. Annual salary is $80,600 with a standard work week of 37.5 hours, and the employer will pay overtime for excess hours over 37.5. During the pay period, 10 hours of overtime were worked. Required: Compute the gross pay for the period ending August 18. Note: Do not round intermediate computations. Round your final answers to 2 decimal places. Period Ended: 08/18/xxxx Name Filing Status Dependents Period Salary Hourly Rate Number of Regular Hours Number of Overtime Hours Regular Earnings Overtime Earnings Gross Earnings MI 5<17 10.00

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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