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WorksheetsBudgeting
Total questions: 60
Worksheet time: 5hrs 0mins
Carol Jones is a receptionist in a doctor’s office. She worked 35 hours this week. If her regular pay is $9.68 per hour, what is Carol’s gross pay?
$438
$338
$35
Bill Granger is a parts clerk. He worked a total of 46.25 hours from Monday to Friday this week. If his regular pay is $12.75 per hour, how much overtime pay did Bill earn?
$19.13
$119.56
$589.69
Tonya Smith is a cashier at the local supermarket. She worked a total of 42.5 hours this week. If her regular pay is $8.25, what is Tonya’s gross pay?
$360.94
$330
$350.63
Janet Henderson is a secretary. She works Monday to Friday every week. If she worked a total of 44.5 hours this week, and her regular pay is $11.46 per hour, what is Janet’s regular pay?
What is Janet’s overtime pay?
What is Janet’s gross pay?
$458.40
$509.97
$11.46
Janet Henderson is a secretary. She works Monday to Friday every week. If she worked a total of 44.5 hours this week, and her regular pay is $11.46 per hour, What is Janet’s overtime pay?
$51.57
$77.36
$509.97
Janet Henderson is a secretary. She works Monday to Friday every week. If she worked a total of 44.5 hours this week, and her regular pay is $11.46 per hour, What is Janet’s gross pay?
$458.40
$509.97
$535.76
Carol Jones is a receptionist in a doctor’s office. She worked 35 hours this week. If her regular pay is $9.68 per hour, what is Carol’s overtime pay rate
$9.68
$14.52
$338.80
Michael works in a supermarket. He is paid $10.80 per hour.
How much will he earn if he works a 37 hour week?
$399.60
$400
$10.80
Michael works in a supermarket. He is paid $10.80 per hour.
What is Michael's overtime pay rate?
$10.80
$16.20
$7.20
Natasha is a hairdresser. She earns $12.20 per hour.
How much will she earn in a week where she works 42 hours
$512.40
$488
$524.60
Round to the nearest cent: $2.683
$2.68
$2.69
$2.70
Round to the nearest dollar: $19.599
$19.00
$19.60
$20.00
Round to the nearest dime: $86.138
$86.10
$86.14
$86.20
Rodney earns $8.45 per hour. Last week he worked 38 hours. What is his weekly pay?
$313.50
$321.10
$338.00
Gail earns $10.50 per hour and worked 32 hours this week. What is her weekly pay?
$336.00
$340.50
$420.00
Randy works 40 hours a week. His regular hourly rate is $23.61. How much does Randy make annually?
$944.40
$11805
$47220
Mrs. P worked for 15 hours last week at a rate of $11.75 per hour. What was her total pay?
$176.25
$180.00
$160.00
Mr. Joe makes $9.10 an hour. How much does he earn annually?
$18,200
$14,560
$364
Bill earns $13.75 an hour. How much will Bill earn this week if he works 40 hours?
$550
$22,000
$27,500
Round $23.856 to the nearest dime.
$23.86
$23.90
$24.00
Round $19.076 to the nearest penny.
$19.00
$19.10
$19.08
Round $35.239 to the nearest dollar.
$35.00
$35.20
$35.24
Wes earns $10.50 and hour. How much will he earn annually?
$420
$525
$21,000
Harvey worked 36 hours this week. He earns $28.46 an hour. How much did he earn this week?
$1024.56
$1138.40
$1423.00
Thad earns $8.45 an hour. Last week he worked 32 hours. How much did he earn last week?
$207.40
$270.40
$338.00
Dakota earned $570 last week. She worked 40 hours. What is her hourly rate?
$12.45
$14.25
$15.42
Johnny earns $9.45 pan hour and worked for 5 hours, how much did he earn?
$20.45
$47.25
$52.75
$12.75
Johnny makes $5.45 an hour. How much money can he expect to earn in a year?
$10,000
$15,000
$11,400
$10,900
If Johnny arrives to work at 8:00 AM and leaves at 12:00, how many hours did he work?
3 Hours
5 Hours
4 Hours
3.5 hours
AM PM
IN OUT IN OUT
9:00 12:00 1:00 4:30
How many hours did you work?
6:00
6:30
5:30
5:00
How do wages and salary differ?
Wages describe what you earn on an annual basis
Salary describes what you earn on an annual basis
Wages mean you have a standard amount in each paycheck
Salaried employees are likely to be paid for overtime
Which of the following are TRUE about gross income and net income?
Gross income and net income are the same
Net income is sometimes called "take home pay"
Gross income is the total amount earned before deductions
Net income is the total amount earned before deductions
Which of the following may NOT always appear on your paycheck stub?
Gross Pay
Net Pay
Your Role/Title
Local Tax
How does the 50/30/20 rule of thumb for budgeting allocate your income?
50% Needs, 30% Wants, 20% Savings & Debt Repayment
50% Wants, 30% Needs, 20% Savings & Debt Repayment
50% Savings & Debt Repayment, 30% Wants, 20% Needs
50% Needs, 30% Savings & Debt Repayment, 20% Wants
When making a budget, a person’s needs should come before their wants.
True
False
Taxes help to pay for things such as housing and food stamps.
True
False
Math is used in everyday life and not just in the classroom.
True
False
It is smart NOT to save monthly for a yearly vacation.
False
True
Money paid to the federal government is called
Federal Tax
Budget
Income Tax
Percent
According to the following tax bracket, which category would you fall in if you made $72,000?
$0-$10,000- 2%
$10,000- $50,000 – 15%
$50,000- $70,000 – 20%
$70,000- $105,000- 35%
35%
2%
15%
20%
The Gummy family budget $35 a month for a vacation. How much money will they have saved up if they continue to save this amount for 15 months?
$525
$225
$550
$50
Jaxson can budget 1% of his monthly income to gifts. If he makes $1,295 a month, how much money can he put toward his gift category?
$12.95
$1.29
$120.95
$1.95
A financial plan is called a
budget
tax
allowance
income
Carla’s monthly income is $2,500. She can spend 35% of her monthly income on her housing category, how much money does she have to spend in this category?
$875
$110
$765
$90
Ace’s car holds 23 gallons of gas. If gas is $3.49 per gallon, how much will it cost Ace to fill up his car?
$80.27
$26.49
$27.80
$50.78
If your monthly totals for your budget are more than your actual monthly income you are considered ______________ budget.
over
under
on
within
What is 35% of $2,492.
$872.20
$474.10
$903.99
$765.43
Kaden’s mom gave him $50 to spend on some new clothes. If Kaden bought 2 shirts for $12.99 each, a pair of jeans for $35.95, and a belt for $4.98, would he be over the clothing budget or under?
Over
Under
If an expense can be cut from your budget to save money, it is considered a ______.
want
need
income
savings
A 9th grader makes and sells earrings as a way to earn extra money. The money she gets is considered _______.
income
needs
outflow
wants
Of all the choices, which one should you budget for first?
Groceries
Entertainment
Cell Phone Bill
New Car
What is a need?
Something you must have
Something you'd like to have
Something you would like to do
All of the above
Which of the following is NOT considered income?
Interest paid on a loan.
A paycheck.
An allowance
Birthday $ from grandma.
1.A plan for future spending and saving, weighing estimated income against estimated Expenses.
Gross Income
Debt
Expense
Budget
