Pay Calculation Concepts Quiz
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Questions and Answers

What is the equation to calculate straight time pay?

  • $Straight ext{-}Time Pay = Hourly Rate + Hours Worked$
  • $Straight ext{-}Time Pay = Hourly Rate \times Hours Worked$ (correct)
  • $Straight ext{-}Time Pay = Hourly Rate - Hours Worked$
  • $Straight ext{-}Time Pay = \frac{Hourly Rate}{Hours Worked}$
  • If someone works 40 hours at an hourly rate of $8.75, what is their straight-time pay?

  • $287.50$
  • $315$
  • $332.50$ (correct)
  • $350$
  • If the hourly rate is $10.50 and the straight-time pay is $420, how many hours were worked?

  • $40$ hours (correct)
  • $45$ hours
  • $35$ hours
  • $50$ hours
  • If someone's straight-time pay is $275 and they worked for 25 hours, what was their hourly rate?

    <p>$$10.50$</p> Signup and view all the answers

    What is the overtime pay for a 45-hour week if the regular wage is $12 per hour?

    <p>$468</p> Signup and view all the answers

    What is the total pay for a 52-hour week at $10.50 per hour?

    <p>$546.25</p> Signup and view all the answers

    What is the total pay for washing 74 cars at $3.50 per car?

    <p>$266</p> Signup and view all the answers

    What are the total earnings for a hairstylist giving 4 men's and 6 children's haircuts if the men's haircut pays $15 and the children's haircut pays $10?

    <p>$150</p> Signup and view all the answers

    What is the commission on $56,000 at a commission rate of 8%?

    <p>$4,800</p> Signup and view all the answers

    What is the total commission for a car salesman with graduated commission for $35,000 in sales if the commission is $1,700?

    <p>$38,000</p> Signup and view all the answers

    What is Charles's commission on $24,550 in sales if the commission rate is 8.5%?

    <p>$2,090</p> Signup and view all the answers

    What is the equation to calculate straight time pay?

    <p>$Straight ext{-}Time ext{ }Pay = Hourly ext{ }Rate imes Hours ext{ }Worked$</p> Signup and view all the answers

    If the hourly rate is $8.75 and the straight-time pay is $350, how many hours were worked?

    <p>40 hours</p> Signup and view all the answers

    If someone makes $12 per hour and works 36 hours, what is their straight-time pay?

    <p>$408</p> Signup and view all the answers

    What is the total straight-time pay for working 45 hours at an hourly rate of $10.50?

    <p>$472.50</p> Signup and view all the answers

    What is Sue's regular hourly wage based on a 50-hour week with a total pay of $404.25?

    <p>$9.00</p> Signup and view all the answers

    What is the total pay for a 52-hour week at $10.50 per hour?

    <p>$588.00</p> Signup and view all the answers

    What is the total earnings for washing 74 cars at $3.50 per car?

    <p>$265.50</p> Signup and view all the answers

    What is Jennie's gross pay for a week with total sales of $5670, given that her commission rate is 6.5%?

    <p>$368.55</p> Signup and view all the answers

    What is the commission on $56,000 at a commission rate of 8%?

    <p>$4,400</p> Signup and view all the answers

    What is the total commission for a car salesman with graduated commission for $35,000 in sales if the commission is $1,700?

    <p>$1,700</p> Signup and view all the answers

    What is the total pay for a 45-hour week at $12 per hour, including overtime pay?

    <p>$585.00</p> Signup and view all the answers

    What is the total earnings for a hairstylist giving 4 men's and 6 children's haircuts, if the men's haircut pays $15 and the children's haircut pays $10?

    <p>$140</p> Signup and view all the answers

    What is the regular hourly wage for a 40-hour week with a straight-time pay of $350?

    <p>$8.75</p> Signup and view all the answers

    What is Charles's commission on $24,550 in sales, given that the commission rate is 8.5%?

    <p>$2,050</p> Signup and view all the answers

    What is the regular hourly wage for a 50-hour week with a total pay of $425?

    <p>$8.00</p> Signup and view all the answers

    Study Notes

    Understanding Pay Calculations

    • Quarter hour concept: Employers pay to the closest quarter hour, with quarter hours at 0:00, 0:15, 0:30, and 0:45.
    • Overtime pay: Overtime is 1.5 times the regular wage, or 2 times for Sundays or holidays.
    • Example 3: Sue's total pay for a 50-hour week is $404.25.
    • Example 4: Total pay for a 52-hour week at $10.50 per hour is to be calculated.
    • Piecework pay: Payment based on the completion of specific work items.
    • Example 5: Total pay for washing 74 cars at $3.50 per car needs to be calculated.
    • Example 6: Total earnings for a hairstylist giving 4 men's and 6 children's haircuts needs to be determined.
    • Commission: Payment for selling a product or service, with examples of jobs paid on commission.
    • Example 7: Jennie's gross pay for a week with total sales of $5670 is $368.55.
    • Example 8: Commission on $56,000 at a commission rate of 8% needs to be determined.
    • Example 9: Total commission for a car salesman with graduated commission for $35,000 in sales is $1,700.
    • Example 10: Charles's commission on $24,550 in sales, with different rates for varying sales levels, is $1,819.50.

    Understanding Pay Calculations

    • Quarter hour concept: Employers pay to the closest quarter hour, with quarter hours at 0:00, 0:15, 0:30, and 0:45.
    • Overtime pay: Overtime is 1.5 times the regular wage, or 2 times for Sundays or holidays.
    • Example 3: Sue's total pay for a 50-hour week is $404.25.
    • Example 4: Total pay for a 52-hour week at $10.50 per hour is to be calculated.
    • Piecework pay: Payment based on the completion of specific work items.
    • Example 5: Total pay for washing 74 cars at $3.50 per car needs to be calculated.
    • Example 6: Total earnings for a hairstylist giving 4 men's and 6 children's haircuts needs to be determined.
    • Commission: Payment for selling a product or service, with examples of jobs paid on commission.
    • Example 7: Jennie's gross pay for a week with total sales of $5670 is $368.55.
    • Example 8: Commission on $56,000 at a commission rate of 8% needs to be determined.
    • Example 9: Total commission for a car salesman with graduated commission for $35,000 in sales is $1,700.
    • Example 10: Charles's commission on $24,550 in sales, with different rates for varying sales levels, is $1,819.50.

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    Description

    Test your knowledge of pay calculations with this quiz covering concepts such as quarter hour pay, overtime, piecework, and commission. Practice calculating total pay based on hours worked, piecework completed, and sales commissions earned.

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