gross pay net pay deductions

The total amount you earn before any deductions are subtracted is called __________ pay.

• Bonus
• Gross
• Incentive
• Net

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

A car salesperson receives a commission of 8% on all sales.  If he sold   $40,000 worth of cars in one week, find his commission.

• $320,000.00
• $5000.00
• $3200.00

Tags

CCSS.6.RP.A.3C

__________ is time worked beyond the regular hours.

• Flextime
• Bonus
• Wage
• Overtime

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Rate × Hours Worked = 

• Net Pay
• Overtime Pay
• Incentive Pay
• Gross Pay

What is your taxable wages?

• the amount you spend annually
• the amount of your property value
• the amount on which you pay tax
• the amount that you earn annually

Tags

CCSS.7.RP.A.3

Denny earns $255.20 a week.  The Social Security Tax rate is 6.2%, Medicare tax is 1.45% of gross pay.  How much is withheld for each?

• SS=$12.47, M=$2.70
• SS=$15.82, M=$3.70
• SS=$13.97, M=$3.41
• SS=$15.82, M=$24.25

Tags

CCSS.7.RP.A.3

Chad's monthly gross salary is $2540. He pays 6.2% SS Tax, 1.45% Medicare Tax, and $153.80 for health insurance.  What is his monthly net pay?

• $2254.87
• $2191.89
• $2386.20
• I'm lost...help!

Tags

CCSS.6.RP.A.3C

You are paid $10 per hour. A regualr work week is 40 hours. What is you gross pay for a 49 hour week? Include overtime at a rate of time and a half

• $565.00
• $600.00
• $535.00
• $743.00

Tags

CCSS.7.EE.B.3

For which of the following would an employer withhold money from an employee's pay?

• Federal income tax
• Social Security tax
• Medicare Tax
• All of the above

Tags

CCSS.6.RP.A.3B

Taxes for Social Security and Medicare are a part of ____?

• FDIC
• SIPC
• IRS
• FICA

Tags

CCSS.6.RP.A.3C