Understanding Paychecks and Overtime

If an employee works 40 hours a week at a rate of $15 per hour, what is their gross pay for a pay cycle?

• $1,200

• $600

• $700

• $800

An employee earns $20 per hour and works 45 hours in a week. If overtime is paid at 1.5 times the regular rate, what is the total overtime pay?

• $50

• $100

• $150

• $200

What is the overtime rate if the regular hourly rate is $18?

• $27

• $30

• $36

• $40

Which of the following is typically a deduction from a paycheck?

• Rent

• Federal Tax

• Grocery Bills

• Utility Bills

If an employee's gross pay is $2,000 and they pay 10% in federal taxes, how much do they pay in federal taxes?

• $100

• $150

• $200

• $250

An employee has a gross pay of $1,500 and state taxes are 5%. How much is deducted for state taxes?

• $50

• $75

• $100

• $125

Which of the following is considered an employee benefit?

• Car Payment

• Health Insurance

• Mortgage

• Vacation Trip

If an employee works 50 hours in a week and their regular hourly rate is $12, what is their total pay including overtime at 1.5 times the regular rate?

• $600

• $660

• $720

• $780

What is the formula to calculate gross pay for an employee who works regular hours only?

Which of the following is NOT typically deducted from a paycheck?

• Social Security Tax

• Medicare Tax

• Internet Bill

• State Tax