Bill is an exempt employee whose annual pay is $53,600 for 37.5 hours per week.During a two-week period,company employees were given a two-day holiday.What is Bill's regular pay and holiday pay for the period? (Do not round intermediate calculations.Round your answer to 2 decimal places. )
A)$1,649.23;$412.31
B)$1,785.67;$602.38
C)$1,630.77;$615.48
D)$1,529.74;$603.92

Question

Quizplus · Accepted Answer

Bill's regular pay is $53,600 / 52 weeks * 2 weeks = $2,061.54. His holiday pay is $2,061.54 * 2 days / 5 days = $824.62.

Bill Is an Exempt Employee Whose Annual Pay Is $53,600