Question 1

Tom Chambers had gross earning of $425.80 last week. Compute the total amount he paid in Social Security using 6.2% and Medicare using 1.45%.

Accepted Answer

$32.57;

Question 2

A payroll clerk is calculating the amount that the company should send to the IRS. For one employee's paycheck, the federal income tax withheld is $43.24, the Social Security tax is $31.00, and the Medicare tax withheld is $7.25. How much should be sent for this employee?

Accepted Answer

A)  $119.74 
B)  $88.74 
C)  $81.49 
D)  $473.74 
A)  $119.74 
B)  $88.74 
C)  $81.49 
D)  $473.74 A

Question 3

Sue Raymore earns a weekly salary of $225 plus 23% commission on net sales over $1,500. Her total sales last week were $3,789 with $147.00 returned sales. What are Sue's gross earnings for the week?

Accepted Answer

$717.66; $3,789 - $1,500 = $2,289; $2,289 - $147 = $2,142; $2,142  × 0.23 = $492.66; $225.00 + $492.66 = $717.66

Question 4

In the last two weeks, McKenzie earned $1,311. Included in her pay is 8 hours of overtime at time and one-half. How much does McKenzie earn per hour?

Accepted Answer

$14.25; Try $14: 80(14) + 8(14

Question 5

Kazuki Sato makes $46,835 annually as a maitre dé. What are his biweekly earnings?

Accepted Answer

$1,801.35;

Question 6

Harlan does payroll for a local deli. During tax season, he worked 11 hours of overtime. If Harland earns $12.90 an hour and is paid time and one-half for overtime, how much did he earn for those hours?

Accepted Answer

$212.85; 1

Question 7

Michael Anaston was recently hired as a landscaper. He will earn $22,650 annually. What is his monthly salary?

Accepted Answer

The answer of Michael Anaston was recently hired as a...

Question 8

Ronald Brown is a bookkeeper for Telacom. He is calculating the amount to send to the IRS for an employee's taxes. For one particular employee who earned $928, the federal income tax withheld is $68. Social Security and Medicare taxes at 6.2% and 1.45% were also included. How much in all should be sent to the IRS for this employee?

Accepted Answer

$210; $928 0.062 ≈ $

Question 9

Nigel has a $43.89 deduction from his paycheck for medical insurance. This deduction is pre-tax, which means that he deducts $43.89 from any federal taxes that he owes.

Accepted Answer

A) True 
 B)False

Question 10

Manny is completing a payroll register for his business. One employee, Tomas Nigeria, is single with 4 allowances. Tomas's hourly rate is $13.45, and he earns time and one-half for overtime. This week, Tomas worked 40 hours of straight time and 7 overtime hours. Tomas has $87.25 withheld for medical insurance which is not taxed. According to the tax table, he should pay $25 in federal taxes. After 6.2% in Social Security and 1.45% in Medicare are withheld, what is Tomas's net pay?

Accepted Answer

$521.70; 40 $13.45 = $538; $13

Question 11

Raj lives in a state where there is a 3.75% state tax. If Raj's gross earnings last week were $675.39, how much state income tax was withheld?

Accepted Answer

A)  $125.33 
B)  $55.33 
C)  $25.33 
D)  $24.90 
A)  $125.33 
B)  $55.33 
C)  $25.33 
D)  $24.90

Question 12

Erwin works as a plumber. He earns $37.00 an hour plus time and one-half for overtime on the weekdays. On the weekend, he earns double time. Last week, Erwin worked 40 hours of straight time, 7 hours of weekday overtime, and 10 hours over the weekend. How much did Erwin earn last week?

Accepted Answer

A)  $1,868.50 
B)  $1,998.00 
C)  $2,608.50 
D)  $2,409.00 
A)  $1,868.50 
B)  $1,998.00 
C)  $2,608.50 
D)  $2,409.00

Question 13

Mrs. Yung is completing a payroll register. One employee, Alice Kenta, is single with 2 allowances. Alice's hourly rate is $12.50 and she earns time and one-half for overtime. This week, Alice worked 40 hours of straight time and 4 overtime hours. Alice has $37.87 in pre-tax dollars withheld for medical insurance. According to the tax table, she should pay $38 in federal taxes. After 6.2% in Social Security and 1.45% in Medicare are withheld, what is Alice's net pay?

Accepted Answer

$458.04; 40 $12.50 = $500; $12

Question 14

Song Lee earns a weekly salary of $775 plus 17% commission on net sales over $2,000. Her total sales last week were $5,483.92 with no returned sales. Rounded to the nearest cent, what are Song Lee's gross earnings for the week?

Accepted Answer

A)  $595.27 
B)  $775.00 
C)  $1,170.72 
D)  $1,367.27 
A)  $595.27 
B)  $775.00 
C)  $1,170.72 
D)  $1,367.27

Question 15

An accountant is calculating the amount to send to the IRS for an employee's taxes. For one particular employee who earned $613, the federal income tax withheld is $28. Social Security and Medicare taxes at 6.2% and 1.45% were also included. How much in all should be sent to the IRS for this employee?

Accepted Answer

The answer of An accountant is calculating the amount to...

Question 16

Mr. Griffin worked 40 hours straight time and 13 hours overtime at an hourly rate of $16.76. What are his gross earnings if he earns time and one-half for overtime?

Accepted Answer

$997.22; 4

Question 17

Michael Lewis earns $71,500 a year, so his semimonthly paychecks are $2,750.

Accepted Answer

A) True 
 B)False

Question 18

Roberta Parke recently got hired as a mechanical engineer. Her annual salary is $62,850. How much will she earn biweekly?

Accepted Answer

A)  $5,237.00 
B)  $2,618.75 
C)  $2,417.31 
D)  $1,208.65 
A)  $5,237.00 
B)  $2,618.75 
C)  $2,417.31 
D)  $1,208.65

Question 19

Monica earns $1,250 each week. She lives in a state with a state income tax. If Monica had $35.63 taken out of her check in state tax last week, what is the state income tax rate to the nearest hundredth percent?

Accepted Answer

A)  4.05% 
B)  3.37% 
C)  3.36% 
D)  2.85% 
A)  4.05% 
B)  3.37% 
C)  3.36% 
D)  2.85%

Question 20

Xavier has a job stocking groceries. He earns $7.86 an hour. If he worked 74 hours straight time last month, how much did he earn?

Accepted Answer

A)  $157.20 
B)  $314.40 
C)  $471.60 
D)  $581.64 
A)  $157.20 
B)  $314.40 
C)  $471.60 
D)  $581.64

Tom Chambers had gross earning of $425.80 last week. Compute the total amount he paid in Social Security using 6.2% and Medicare using 1.45%.

A payroll clerk is calculating the amount that the company should send to the IRS. For one employee's paycheck, the federal income tax withheld is $43.24, the Social Security tax is $31.00, and the Medicare tax withheld is $7.25. How much should be sent for this employee?

Sue Raymore earns a weekly salary of $225 plus 23% commission on net sales over $1,500. Her total sales last week were $3,789 with $147.00 returned sales. What are Sue's gross earnings for the week?

In the last two weeks, McKenzie earned $1,311. Included in her pay is 8 hours of overtime at time and one-half. How much does McKenzie earn per hour?

Kazuki Sato makes $46,835 annually as a maitre dé. What are his biweekly earnings?

Harlan does payroll for a local deli. During tax season, he worked 11 hours of overtime. If Harland earns $12.90 an hour and is paid time and one-half for overtime, how much did he earn for those hours?

Michael Anaston was recently hired as a landscaper. He will earn $22,650 annually. What is his monthly salary?

Nigel has a $43.89 deduction from his paycheck for medical insurance. This deduction is pre-tax, which means that he deducts $43.89 from any federal taxes that he owes.

Raj lives in a state where there is a 3.75% state tax. If Raj's gross earnings last week were $675.39, how much state income tax was withheld?

Erwin works as a plumber. He earns $37.00 an hour plus time and one-half for overtime on the weekdays. On the weekend, he earns double time. Last week, Erwin worked 40 hours of straight time, 7 hours of weekday overtime, and 10 hours over the weekend. How much did Erwin earn last week?

Song Lee earns a weekly salary of $775 plus 17% commission on net sales over $2,000. Her total sales last week were $5,483.92 with no returned sales. Rounded to the nearest cent, what are Song Lee's gross earnings for the week?

Mr. Griffin worked 40 hours straight time and 13 hours overtime at an hourly rate of $16.76. What are his gross earnings if he earns time and one-half for overtime?

Michael Lewis earns $71,500 a year, so his semimonthly paychecks are $2,750.

Roberta Parke recently got hired as a mechanical engineer. Her annual salary is $62,850. How much will she earn biweekly?

Monica earns $1,250 each week. She lives in a state with a state income tax. If Monica had $35.63 taken out of her check in state tax last week, what is the state income tax rate to the nearest hundredth percent?

Xavier has a job stocking groceries. He earns $7.86 an hour. If he worked 74 hours straight time last month, how much did he earn?

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Exam 5: Payroll

Tom Chambers had gross earning of $425.80 last week. Compute the total amount he paid in Social Security using 6.2% and Medicare using 1.45%.

A payroll clerk is calculating the amount that the company should send to the IRS. For one employee's paycheck, the federal income tax withheld is $43.24, the Social Security tax is $31.00, and the Medicare tax withheld is $7.25. How much should be sent for this employee?

Sue Raymore earns a weekly salary of $225 plus 23% commission on net sales over $1,500. Her total sales last week were $3,789 with $147.00 returned sales. What are Sue's gross earnings for the week?

In the last two weeks, McKenzie earned $1,311. Included in her pay is 8 hours of overtime at time and one-half. How much does McKenzie earn per hour?

Kazuki Sato makes $46,835 annually as a maitre dé. What are his biweekly earnings?

Harlan does payroll for a local deli. During tax season, he worked 11 hours of overtime. If Harland earns $12.90 an hour and is paid time and one-half for overtime, how much did he earn for those hours?

Michael Anaston was recently hired as a landscaper. He will earn $22,650 annually. What is his monthly salary?

Nigel has a $43.89 deduction from his paycheck for medical insurance. This deduction is pre-tax, which means that he deducts $43.89 from any federal taxes that he owes.

Raj lives in a state where there is a 3.75% state tax. If Raj's gross earnings last week were $675.39, how much state income tax was withheld?

Erwin works as a plumber. He earns $37.00 an hour plus time and one-half for overtime on the weekdays. On the weekend, he earns double time. Last week, Erwin worked 40 hours of straight time, 7 hours of weekday overtime, and 10 hours over the weekend. How much did Erwin earn last week?

Song Lee earns a weekly salary of $775 plus 17% commission on net sales over $2,000. Her total sales last week were $5,483.92 with no returned sales. Rounded to the nearest cent, what are Song Lee's gross earnings for the week?

Mr. Griffin worked 40 hours straight time and 13 hours overtime at an hourly rate of $16.76. What are his gross earnings if he earns time and one-half for overtime?

Michael Lewis earns $71,500 a year, so his semimonthly paychecks are $2,750.

Roberta Parke recently got hired as a mechanical engineer. Her annual salary is $62,850. How much will she earn biweekly?

Monica earns $1,250 each week. She lives in a state with a state income tax. If Monica had $35.63 taken out of her check in state tax last week, what is the state income tax rate to the nearest hundredth percent?

Xavier has a job stocking groceries. He earns $7.86 an hour. If he worked 74 hours straight time last month, how much did he earn?

Basic Math Functions

Fractions

Percents

Bank Services

Taxes

Insurance

Invoices and Discounts

Markup and Markdown

Interest

Consumer Credit and Mortgages

Metrics and Currency

Filters