Preethi is a salaried, nonexempt administrative assistant and is paid semimonthly. Preethi is married filing joint with five dependents under 17. Annual salary is $75,400 with a standard work week of 37.5 hours. During the pay period. 10 of overtime were worked. Required: Compute the gross pay for the period ending August 20. Note: Do not round intermediate computations. Round your final answers to 2 decimal places. Name Preethi Filing Status Dependents Period Salary MJ 517 Hourly Rate $ 3.141.66 $ 38.66 Number of Regular Hours Period Ended: Number of Overtime Hours Regular Earnings 10.00 $3,141.66 08/20/xxxxxx Overtime Earnings Gross Earnings

Preethi is a salaried, nonexempt administrative assistant and is paid semimonthly. Preethi is married filing joint with five dependents under 17. Annual salary is $75,400 with a standard work week of 37.5 hours. During the pay period. 10 of overtime were worked. Required: Compute the gross pay for the period ending August 20. Note: Do not round intermediate computations. Round your final answers to 2 decimal places. Name Preethi Filing Status Dependents Period Salary MJ 517 Hourly Rate $ 3.141.66 $ 38.66 Number of Regular Hours Period Ended: Number of Overtime Hours Regular Earnings 10.00 $3,141.66 08/20/xxxxxx Overtime Earnings Gross Earnings

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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Preethi is a salaried, nonexempt administrative assistant and is paid semimonthly. Preethi is married filing joint with five dependents
under 17. Annual salary is $75,400 with a standard work week of 37.5 hours. During the pay period, 10 of overtime were worked.
Required:
Compute the gross pay for the period ending August 20.
Note: Do not round intermediate computations. Round your final answers to 2 decimal places.
Name
Preethi
Filing Status
MJ
Dependents
517
Period Salary
$ 3,141.66 $
Hourly Rate
38.66
Number of
Regular Hours
Period Ended:
Number of
Overtime
Hours
Regular
Earnings
10.00 $3,141.66
08/20/xxxxxxx
Overtime
Earnings
Gross
Eamings

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