Joan is paid an annual salary of $52,500 based on a 40 hour workweek. What is her gross pay for a biweekly pay period if she works 43 in the first week and 42 in the second week? Overtime is paid at time and a half
Round your final answers properly to two decimal places.
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`52,500-: 26 = $2019.23 `
She earns $2019.23 per pay period. Pay period is biweekly therefore this is 80 hours.
`2019.23-: 80 = 25.24`
She earns $25.24 per hour. Time and a half = $37.86
Gross pay for a biweekly pay period is:
$2019.23 + 5($37.86) = 2019.23 + 189.30
Her gross pay would be: `$2208.53`
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