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FM M2 Exam Review Part 2

Mathematics

9th Grade

Used 2+ times

FM M2 Exam Review Part 2
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10 questions

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1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Sally assembles toy trains at a factory. She can assemble 24 trains in an 8 hour shift. What is her hourly production rate?

3 trains/hour

2 trains/hour

8 trains/hour

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

John assembles widgets at a factory. He makes $.10 for each widget that he correctly assembles. The production rate is 75 widgets an hour. What is John's gross pay for an 8 hour shift if he meets this production rate?

$7.50

$60

$600

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Terry’s gross pay for this pay period was 525.00. He had the following deductions taken from his pay check ( Federal Income Tax 78.75, State Income Tax 36.75, FICA 40.16). What is his net pay?

$525

$155.66

$369.34

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

The amount of money left after all the deductions have been taken from the gross pay earned in the pay period is called _____ ______. This is also known as take-home pay.

Gross Pay

Net Pay

Overtime Pay

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Media Image

What did Grady pay in Federal Income taxes during this pay period?

$25.72

$55.11

$28.11

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

The federal program that assists older Americans with insurance and income is called ______.

FICA

Federal Income Tax

State Income Tax

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Media Image

How much did Grady pay in State Income Taxes during this pay period?

$25.72

$55.11

$28.11

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