semimonthly pay frequency. please read all information and I need help please. thank you and I appreciate in advance. Just zoom it to see full view.

2 Wayland Custom Woodworking Gross Pay Assignment 3 Wayland Custom Woodwork "Wayland" is a firm that manufactures custom cabinets and woodwork for business and residential s customers. Students will have the opportunity to establish payroll records and to complete payroll compensation information for 6 Wayland. All employees are on October 1, 2019. 7 8 Wayland Custom Woodworking is located at 1716 Nichol Street, Logan, Utah, 84321, phone number 435-555-9877. The owner is 9 Mark Wayland, Wayland's EIN is 91-7444533, and the Utah Employer Account Number is 99992901685WTH. Wayland has 10 determined it will pay their employees on a semimonthly basis. 11 12 13 Rounding can create a challenge. For these exercises, the rate for the individuals is not rounded. So take their salary and divide by 14 2,080 (52 weeks at 40 hours per week) for full time, nonexempt employees. For example, Varden's salary is $42,000 and is a 15 nonexempt employee, so the calculation will be $42,000/2,080, which would give you $20.19231 per hour. 16 17 18 Exempt employees salaries are divided by 24, which is the number of payroll periods with a semi-monthly pay frequency. This can 19 lead to over 80 hours in a standard pay period without overtime available to nonexempt employees. For holiday pay, determine the 20 number of hours that are holiday pay and multiply it by the hours worked. For weeks with more than 80 hours, you will need to divide 21 the total hours for the pay period by the period salary. For example, if there are 16 hours of holiday during an 80 hour pay period for 22 Chinson, $1,000 x (16/80) = $200 holiday wages and $1,000