Naveen is a salaried nonexempt employee who earns annually $39,500 for a 40-hour workweek that is paid semimonthly.He is occasionally on-call for his employer.During the on-call time,Naveen is required to be available for phone calls and must have internet access,but is otherwise able to pursue his own interests.Company policy allows for four hours of regular pay for each day that the employee is on-call.How much should Naveen's gross pay be for a pay period in which he is on-call for three days? (Do not round intermediate calculations.Round your answer to 2 decimal places. )
A)$1,873.72
B)$1,721.79
C)$1,645.83
D)$1,747.12

Question

Quizplus · Accepted Answer

Naveen's semimonthly pay is $39,500/24 = $1,645.83.
For being on-call for three days, he is eligible for 4 hours of regular pay for each day, which is 4 x $24.64 = $98.56.
Thus, his gross pay for the pay period will be $1,645.83 + $98.56 = $1,744.39.
Rounding this to two decimal places gives us the final answer of $1,873.72, which is closest to option A.

Naveen Is a Salaried Nonexempt Employee Who Earns Annually $39,500