Business Math 1st Semester Review

If you spent the following for the year on your Credit Card for the year:

Groceries $6,589

Restaurants $2,786

Clothing $1,890

Fuel $1,150

Entertainment $2,812

And you get 1% back on all your purchases, How much Cash Back would you receive for the year?

• $1,522.70

• $15.22

• $152.27

• $1,000,000

Daniel is a barber at Slick Cuts.  He charges $17 per haircut.  By Saturday, he has given 50 haircuts.  What is his total pay?

• $67
• $5100
• $850
• $935

Straight time is your normal hourly wage if you only work up to _______ hours in a week.

• 1.5

• 10

• 8

• 40

Frank worked 48.5 hours this week. He gets paid $11.13 per hour for the first 40 hours and then gets time-and-a-half for the rest of the time. How much money did he make this week? 

• $539.81
• $634.41
• $681.71
• $587.11

At Kroger, employees earn an hourly rate of $9.75. They earn double that for any hours they work in addition to their usual 40-hour week. The hours that Paula Strauss worked in one week are shown below. What was Strauss's total pay for the week?

• $419.25

• $433.88

• $448.50

• $345.00

Robbie Marton is a camp counselor at Camp Tecumseh. What is the total number of hours worked for the week?

• 40.5 Hours

• 41.5 hours

• 39.75 hours

• 39 hours

Franklin Nealson earns $5,250 a month as a sales manager. What is he paid semimonthly?

• $2,365

• $10,500

• $2,625

• $5,250

What does FICA stand for?

• Forbidden Investigation Can Avert

• It doesn't stand for anything, Mr. Hupp made it up

• Federal Insurance Constitutional Association

• Federal Insurance Contributions Act

Alex Lopez gross pay is $61,400. His state income tax rate is 3.3%. How much will he pay in state tax?

• $1,995.80

• $1,722.10

• $2,026.20

• $2,296.25

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

Ray Jackson's gross biweekly pay is $3,120. His earnings to date for the year total $78,400. What amount is deducted from his pay for Social Security, which is taxed at 6.2%? For Medicare, which is taxed at 1.45%?

• $72.00, $56.78

• $193.44, $45.24

• $45.00, $54.60

• $198.00, $45.00

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.2

CCSS.7.NS.A.3

CCSS.7.RP.A.3