Dennis Murphy is a salaried, nonexempt administrative assistant for Dionti Investments and is paid semimonthly. He is married with two withholding allowances. His annual salary is $65,000, and his standard workweek is 37.5 hours. During a pay period, he worked 10 hours overtime. Compute Dennis’s gross pay for the period ending August 18, 20XX.
a. What is his regular wage for the pay period?
b.What are his overtime earnings?
c. What is his gross pay?
a. $2,708.33 ($65,000/24 pay periods)
b. $500 [($65,000/52 weeks/37.5 hours per week) * 1.5 * 10 hours of overtime]
c. $3,208.33 ($2,708.33 + $500)
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