Bobby Howard is a salaried exempt employee at Coric Industries. He is married filing jointly with two dependents under 17. His contract stipulates a 40-hour workweek at $68,000 per year. During the week ending November 27, there was a company-paid holiday for one day. Required: Calculate Bobby’s weekly pay. (Do not round intermediate calculations. Round "Hourly Rate" to 5 decimal places and all other answers to 2 decimal places.)
Bobby Howard is a salaried exempt employee at Coric Industries. He is married filing jointly with two dependents under 17. His contract stipulates a 40-hour workweek at $68,000 per year. During the week ending November 27, there was a company-paid holiday for one day. Required: Calculate Bobby’s weekly pay. (Do not round intermediate calculations. Round "Hourly Rate" to 5 decimal places and all other answers to 2 decimal places.)
Chapter2: Computing Wages And Salaries
Section: Chapter Questions
Problem 16PB: Jody Baush is a salaried employee who normally works a 35-hour week and is paid a weekly salary of...
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Bobby Howard is a salaried exempt employee at Coric Industries. He is married filing jointly with two dependents under 17. His contract stipulates a 40-hour workweek at $68,000 per year. During the week ending November 27, there was a company-paid holiday for one day.
Required:
Calculate Bobby’s weekly pay. (Do not round intermediate calculations. Round "Hourly Rate" to 5 decimal places and all other answers to 2 decimal places.)
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