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FPC Chapter 2.2 & 2.3 Exam Questions and Answers with Verified Solutions | Latest Updated 2026

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FPC Chapter 2.2 & 2.3 Exam Questions and Answers with Verified Solutions | Latest Updated 2026

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FPC Chapter 2.2 & 2.3 Exam Questions and
Answers with Verified Solutions | Latest
Updated 2026



Under the FLSA, calculate the A. $25.00
overtime premium pay for a $10.00 * 0.5 = 5.00
nonexempt employee who is paid $5.00 * 5 = $25.00
$10.00 per hour and works 45
hours
in the workweek.
A. $25.00
B. $75.00
C. $450.00
D. $475.00


Under the FLSA, all of the A. all hours paid.
following
factors are used in calculating a
nonexempt employee's overtime
premium EXCEPT:
A. all hours paid.
B. regular rate of pay.
C. hours worked in excess of 40 in
a
workweek.
D. all hours worked.

, Under the FLSA, all of the B. all hours worked.
following
factors are used in calculating a
nonexempt employee's overtime
premium EXCEPT:
A. nondiscretionary bonus.
B. all hours worked.
C. hours worked in excess of 40 in
a
workweek.
D. paid time off.


A nonexempt salaried employee is $548.09
paid $2,000.00 per month and $2000.00 * 12 = $24000.00 - Yearly Salary
normally works a 40-hour $24000. = $461.54 - Weekly Salary
workweek. However, in this $461. = $11.54 - Hourly Wage
workweek the employee works 45 $11.54 * 0.5 = $5.77 - Overtime Rate
hours. Under the FLSA, calculate $11.54 + 5.77 = $17.31 - Hourly Overtime
the employee's gross pay for the wage
week? $17.31 * 5 = $86.54 - Overtime wages
$461.54 + $86.54 = $548.09 - Gross Pay


Under the FLSA, calculate a $475.00
nonexempt employee's $4.50 * 100 = $450.00
compensation for a workweek $450. = $10.00 - Hourly wage
when the employee is paid $4.50 $10.00 * 0.5 = $5.00 - Overtime Rate
for each item produced, produces $10.00 + $5.00 = $15.00 - Overtime hourly
100 items, and works 45 hours. rate
$5.00 * 5 = $25.00 - Overtime Wages
$450.00 + $25.00 = $475.00

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