You need a Daily Work Schedule of 7.25 hours, a Periodic Work Schedule using that DWS. and a Work Schedule Rule using that PWS.
For the Weekly Hours, you should refer to your PWS (we use 5 working days per week).
For the Annual Hours, since a year contains 52 weeks and one day, you could multiply the number of Weekly Hours by 52.14286 (or 365/7), but we just multiply the Daily Work Hours by 260 (or 52 weeks of 5 days).
Once you establish the Annual Hours, divide that amount by 12 and you'll get the Monthly Hours.
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