November 13Understanding Wages and Overtime Pay
Quiz
•
Financial Education
•
9th Grade
•
Hard
M Howee
Used 3+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If an employee works 40 hours a week at an hourly rate of $15, what is their regular weekly wage?
$500
$600
$450
$700
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An employee earns $20 per hour and works 45 hours in a week. How much is their overtime pay if overtime is paid at time and a half?
$50
$100
$150
$200
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the formula to calculate the regular wage for an hourly employee?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If an employee's hourly wage is $18 and they work 10 hours of overtime, what is their overtime pay at time and a half?
$180
$270
$360
$450
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best describes "time and a half" pay?
1.5 times the regular hourly rate
2 times the regular hourly rate
1.25 times the regular hourly rate
1.75 times the regular hourly rate
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An employee has a salary of $3,000 per month. How does this differ from an hourly wage?
Salary is paid based on hours worked
Salary is a fixed amount regardless of hours worked
Salary is paid only for overtime hours
Salary is paid at time and a half
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If an employee works 50 hours in a week and their regular hourly wage is $12, what is their total pay including overtime?
$600
$660
$720
$780
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