Thomas Lasorda works for Philly Pizzeria and is paid biweekly. His annual salary is $45,650 and he is paid time and a half for any hours worked over 80 in a biweekly period. During this payroll period, Thomas worked 3 hours of overtime. Calculate his regular pay, overtime rate, overtime pay, and gross pay for the time period. Regular salary for biweekly period ______________ Overtime Rate ______________ Overtime Pay ______________ Gross Pay ______________ Full question
To figure out his regular salary for a biweekly period, take his annual salary and divide it by 26 (the number of biweekly periods in a year of 52 weeks).