Casey Collins' average workweek during the first quarter of the year (13 weeks) was 43 hours. As part of his company's perfect attendance program, he earned a bonus of $975. Determine the extra overtime pay due Collins for the first quarter.

Note: Round your interim calculations to 2 decimal places. Use rounded amount in subsequent computations and then round your final answer to the nearest cent.

Extra overtime pay $ 2.64 (was wrong)

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Four steps:

Take weekly bonus amount and divide by the number of weeks in the bonus period.

Take weekly bonus amount and divide by the number of hours worked in a week to get bonus amount per hour.

Take bonus amount per hour and multiply by .5 (50%) to get extra overtime rate.

Multiply extra overtime rate by number of overtime hours worked in week to get extra earnings.