Question: Answer question no 8 Question 7 [5 points] Wasim receives an annual salary of $23,420.80 based on a 40-hour workweek. a) What is Wasim's hourly
Answer question no 8
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Question 7 [5 points] Wasim receives an annual salary of $23,420.80 based on a 40-hour workweek. a) What is Wasim's hourly rate of pay in a year with 26 biweekly paydays? For full marks your answer(s) should be rounded to the nearest cent. Hourly rate = $ 0.00 /hour b) Using your hourly rate computed in part a), what would Wasim's gross earnings be for a pay period working an extra 20 hours overtime paid 2.50 times the regular rate of pay? For full marks your answer(s) should be rounded to the nearest cent. Gross earnings = $ 0.00 Question 8 [3 points] Bruce's annual salary of $52,700 is paid bi-weekly, based on an average of 52 weeks in a year. What hourly rate would he be paid for overtime at triple-time if his work week is 36 hours? For full marks your answer(s) should be rounded to the nearest cent. Overtime = $ 0.00 /hour
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