Period 7 Salary & Wages

A fixed paid amount considered to be ___________ pay.

• wage
  
• benefits
  
• salray

A wage pay job qualifies you for overtime

• True
  
• False

The piecework rate of a garment worker is $0.75 per decal sewn on a jacket.  If Daniel sews 100 decals, how much does he earn?

• $75.00
• $7.50
• $750.00
• $100.00

What is an annual salary?

• What you are paid each month
• What you earn over the course of a year.

What is gross pay?

• Amount of earnings before deductions.
• Wet money.
• What you get after taxes

May's gross pay is $2, 875.34.  After her deductions what does she earn. Deductions:
insurance-$54.03
taxes-$87.98
social security-$25.00

• $2699.36
• $2708.33
• $2709.40
• $2706.35

What is net pay?

• You pay before deductions.
• They give you a net for fishing.
• You pay after deductions.

Kyle worked a 36 hour week.  If his rate is $10.00 an hour, how much did he earn last week?

• $360.00
• $400.00
• $270.00
• $350.00

If Cheyenne worked from 8:30 am and went to lunch at 12:00 pm.  She came back at 1:00 pm and left for the day at 4:30 pm.  How many hours did she work?

• 5.5 hours
• 7 hours
• 6.5 hours
• 9 hours

The car salesman, Brian sells $100, 875 worth of merchandise and he gets 25% commission.  With a salary of $15,000, what is his total earnings?

• $40215.85
• $4333.30
• $40115.50
• $40218.75