Mathew is a salaried nonexempt employee who earns $47,500 per year. During a semimonthly pay period, he worked 78 hours. His standard workweek is 35 hours. What is Mathew's gross pay for the period? (Do not round intermediate calculations. Round final answer to 2 decimal places.) Multiple Choice $1,826.92 $1,983.52 $2,140.11 $2,322.12

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Mathew is a salaried nonexempt employee who earns $47,500 per year. During a semimonthly pay period, he worked 78 hours.
His standard workweek is 35 hours. What is Mathew's gross pay for the period? (Do not round intermediate calculations. Round
final answer to 2 decimal places.)
Multiple Choice
$1,826.92
$1,983.52
$2,140.11
$2,322.12
Transcribed Image Text:Mathew is a salaried nonexempt employee who earns $47,500 per year. During a semimonthly pay period, he worked 78 hours. His standard workweek is 35 hours. What is Mathew's gross pay for the period? (Do not round intermediate calculations. Round final answer to 2 decimal places.) Multiple Choice $1,826.92 $1,983.52 $2,140.11 $2,322.12
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