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Summary Questionsandra earns annual salary of 103700 with bi weekly payment basis she is expected

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sandra earns annual salary of 103700 with bi weekly payment basis she is expected to work 37Questionsandra earns annual salary of 103700 with bi weekly payment basis she is expected to work 37.5 hours per week and entied to a time and a half for any over time hours. if sandra works 9 hours overtime this pay period what is her gross pay?Answer & ExplanationTo calculate Sandra's gross pay for the pay period, we need to determine her regular bi-weekly salary and then add the overtime pay.1.Calculate Bi-Weekly Salary:oAnnual Salary: $103,700oNumber of weeks in a year: 52oWeekly Salary = Annual Salary / 52 = $103,700 / 52 ≈ $1,994.23oBi-Weekly Salary = Weekly Salary × 2 ≈ $1,994.23 × 2 ≈ $3,988.462.Calculate Hourly Rate:oWeekly Hours: 37.5 hoursoHourly Rate = Weekly Salary / Weekly Hours ≈ $1,994.23 / 37.5 ≈ $53.183.Calculate Overtime Pay:oOvertime Rate = Time and a half of Hourly Rate = 1.5 × Hourly Rate ≈ 1.5 × $53.18 ≈ $79.77oOvertime Hours Worked this Pay Perio

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Uploaded on
October 6, 2024
Number of pages
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Written in
2024/2025
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Summary

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  • 700 52 â 1

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Question


sandra earns annual salary of 103700 with bi weekly payment basis she is

expected to work 37.5 hours per week and entied to a time and a half for any

over time hours. if sandra works 9 hours overtime this pay period what is her

gross pay?




Answer & Explanation


To calculate Sandra's gross pay for the pay period, we need to determine her

regular bi-weekly salary and then add the overtime pay.


1. Calculate Bi-Weekly Salary:


o Annual Salary: $103,700


o Number of weeks in a year: 52


o Weekly Salary = Annual Salary / 52 = $103, ≈ $1,994.23


o Bi-Weekly Salary = Weekly Salary × 2 ≈ $1,994.23 × 2 ≈

$3,988.46

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