Problem 3-2A (Algo) 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 $54,000 per year. During the week ending November 27, there was a company-paid holiday for one day. Required: Calculate Bobbys weekly pay. (Do not round intermediate calculations. Round "Hourly Rate" to 5 decimal places and all other answers to 2 decimal places.)

Company		Coric Industries		Period Ended:		11/27/20XX
Name		Filing Status	Dependents	Hourly Rate or Period Wage	Number of Regular Hours	Number of Holiday Hours	Regular Earnings	Holiday Earnings	Gross Earnings
Bobby Howard		MJ	2<17		32	8