
AS Payment Schemes
Quiz
•
Business
•
12th Grade
•
Practice Problem
•
Easy
Ross Cornes
Used 1+ times
FREE Resource
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Eight employees work in a team. Each employee is paid $16 an hour and the team share a group bonus between them, which is based on their output of product. For any production in excess of 500 units the team, as a group, is paid a bonus of $8 per unit. The bonus is shared equally and paid on a weekly basis.
Last week each member of the team worked 40 hours, and the team as a whole produced
560 units.
What is the pay of each member of the team?
$700
$760
$1120
$1200
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
An employee is paid $20 an hour basic pay for working 8 hours a day. Overtime is paid at the rate of a time and a half. A bonus is also paid of $40 for each unit produced in excess of 10 units
a day.
Yesterday the employee worked 10 hours and produced 11 units.
What was the employee’s pay for the day?
$220
$260
$620
$660
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A company’s production team has four employees. Each employee is paid a basic rate of $20 an hour.
The team also shares a bonus between them, based on their output. For any production in
excess of 200 units, the team is paid a bonus of $8 per unit. This bonus is shared equally.
Last week each member of the team worked 35 hours, and the team as a whole produced 250 units.
What was the pay of each member of the team last week?
$800
$945
$1050
$1200
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A company’s production workers are paid $16 an hour basic pay for working 7 hours a day.
Overtime is paid at the rate of a time and a quarter (basic pay plus 25%). An additional bonus is also paid at the rate of $4 per unit for output in excess of 20 units per day.
On Monday one employee worked 10 hours and produced 25 units.
What is the employee’s pay for Monday?
$192
$220
$272
$300
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
An employee worked a normal 35-hour week and was paid $15 per hour. He also worked 5 hours of overtime which was paid at $20 per hour and received a bonus of $50.
What was his total pay for the week?
$525
$600
$625
$675
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