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Problem 3-2A (Algo) Bobby Howard is a salaried exempt employee at Coric Industries. He is married with two withholding allowances. His contract stipulates a 40-hour workweek at $70,000 per year. During the week ending November 27, there was a company paid holiday for one day. Required: Calculate Bobby's weekly pay. (Round "Hourly Rate" to 5 decimal places and all other answers to 2 decimal places.) O Answer Is complete but not entirely correct. Period Ended: 11/27/20XX Company Coric Industries Holida Marital Status No. of Withholdings No. of Regular Hours No. of Holiday Hours Regular Eamings Annual Hourly Rate Earnin Name Salary 91.00000 O 2,912.00 32 20s 70,000 Os Bobby Howard ( Prev 3 of 3 Next

Problem 3-2A (Algo) Bobby Howard is a salaried exempt employee at Coric Industries. He is married with two withholding allowances. His contract stipulates a 40-hour workweek at $70,000 per year. During the week ending November 27, there was a company paid holiday for one day. Required: Calculate Bobby's weekly pay. (Round "Hourly Rate" to 5 decimal places and all other answers to 2 decimal places.) O Answer Is complete but not entirely correct. Period Ended: 11/27/20XX Company Coric Industries Holida Marital Status No. of Withholdings No. of Regular Hours No. of Holiday Hours Regular Eamings Annual Hourly Rate Earnin Name Salary 91.00000 O 2,912.00 32 20s 70,000 Os Bobby Howard ( Prev 3 of 3 Next

FINANCIAL ACCOUNTING
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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Return to questlon Problem 3-2A (Algo) Bobby Howard is a salaried exempt employee at Coric Industries. He is married with two withholding allowances. His contract stipulates a 40-hour workweek at $70,000 per year. During the week ending November 27, there was a company paid holiday for one day. Required: Calculate Bobby's weekly pay. (Round "Hourly Rate" to 5 decimal places and all other answers to 2 decimal places.) X Answer Is complete but not entirely correct. Company Coric Industries Period Ended: 11/27/20XX No. of Withholdings Annual Salary No. of Regular Hours No. of Holiday Regular Eamings Holida Marital Name Hourly Rate Hours Earnin Status 2 Os 70,000 Os 91.00000 32 2.912 00 $ M Bobby Howard ( Prev 3 of 3 Next O v19
Transcribed Image Text:Return to questlon Problem 3-2A (Algo) Bobby Howard is a salaried exempt employee at Coric Industries. He is married with two withholding allowances. His contract stipulates a 40-hour workweek at $70,000 per year. During the week ending November 27, there was a company paid holiday for one day. Required: Calculate Bobby's weekly pay. (Round "Hourly Rate" to 5 decimal places and all other answers to 2 decimal places.) X Answer Is complete but not entirely correct. Company Coric Industries Period Ended: 11/27/20XX No. of Withholdings Annual Salary No. of Regular Hours No. of Holiday Regular Eamings Holida Marital Name Hourly Rate Hours Earnin Status 2 Os 70,000 Os 91.00000 32 2.912 00 $ M Bobby Howard ( Prev 3 of 3 Next O v19
uring the week ending November 27, there was a company paid holiday for one to 5 decimal places and all other answers to 2 decimal places.) X Answer Is complete but not entirely correct. Period Ended: 11/27/20XX Regular Earnings Holiday Eamings No. of Holiday Gross No. of Regular Hours Annual Hourly Rate Hours Earnings Salary s 70,000 Os 91.00000 32 O 8 Os 2,912.00 S 728.00 S 3,640.00 < Prev 3 of 3 Next
Transcribed Image Text:uring the week ending November 27, there was a company paid holiday for one to 5 decimal places and all other answers to 2 decimal places.) X Answer Is complete but not entirely correct. Period Ended: 11/27/20XX Regular Earnings Holiday Eamings No. of Holiday Gross No. of Regular Hours Annual Hourly Rate Hours Earnings Salary s 70,000 Os 91.00000 32 O 8 Os 2,912.00 S 728.00 S 3,640.00 < Prev 3 of 3 Next
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