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Problem 3-2A (Algo) Bobby Howard is a salaried exempt employee at Coric Industries. He is married with two withholding allowances. His contract stipulates a
Problem 3-2A (Algo) Bobby Howard is a salaried exempt employee at Coric Industries. He is married with two withholding allowances. 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. (Round "Hourly Rate" to 5 decimal places and all other answers to 2 decimal places.) Company Coric Industries Period Ended: 11/27/20XX Name Marital Status No. of Withholdings Annual Salary Hourly Rate No. of Regular Hours No. of Holiday Hours Regular Earnings Holiday Earnings Gross Earnings Bobby Howard M 2 $ 56,000 $ 26.92308 40 8
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