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Bobby Howard is a salaried exempt employee at Coric Industries. He is married filing jointly with two dependents under 17 . His contract stipulates a

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Bobby Howard is a salaried exempt employee at Coric Industries. He is married filing jointly with two dependents under 17 . His contract stipulates a 40 -hour workweek at $56,000 per year. During the week ending November 27 , there was a company-paid holiday for one day. Required: Calculate Bobby's weekly pay. (Do not round intermediate calculations. Round "Hourly Rate" to 5 decimal places and all other answers to 2 decimal places.)

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