Daanyal is a salaried nonexempt employee who is married with two withholding allowances and earns $34,000 per year. During a biweekly pay period, he worked 88 hours. His standard workweek is 40 hours. What is Daanyal's gross pay for the period? (Do not round intermediate
Calculations. Round your answer to 2 decimal places.)
A) $1,307.
B) $1,438.80
C) $1,489.26
D) $1,503.85

Question

Quizplus · Accepted Answer

Daanyal's gross pay includes his regular pay for 80 hours (40 hours per week for 2 weeks) and overtime pay for 8 hours (88 total hours - 80 regular hours). His biweekly salary is $34,000 / 26 = $1,307.69. Overtime is paid at 1.5 times the regular rate, so his overtime pay is ($1,307.69 / 80) * 1.5 * 8 = $196.16. Therefore, his total gross pay is $1,307.69 + $196.16 = $1,503.85.

Daanyal Is a Salaried Nonexempt Employee Who Is Married with Two