Pay Calculation Concepts Quiz

MarvelousJasper2573 avatar
MarvelousJasper2573
·
·
Download

Start Quiz

Study Flashcards

26 Questions

What is the equation to calculate straight time pay?

$Straight ext{-}Time Pay = Hourly Rate \times Hours Worked$

If someone works 40 hours at an hourly rate of $8.75, what is their straight-time pay?

$332.50$

If the hourly rate is $10.50 and the straight-time pay is $420, how many hours were worked?

$40$ hours

If someone's straight-time pay is $275 and they worked for 25 hours, what was their hourly rate?

$$10.50$

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

$468

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

$546.25

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

$266

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?

$150

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

$4,800

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

$38,000

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

$2,090

What is the equation to calculate straight time pay?

$Straight ext{-}Time ext{ }Pay = Hourly ext{ }Rate imes Hours ext{ }Worked$

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

40 hours

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

$408

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

$472.50

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

$9.00

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

$588.00

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

$265.50

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

$368.55

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

$4,400

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

$1,700

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

$585.00

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?

$140

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

$8.75

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

$2,050

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

$8.00

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.

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.

Make Your Own Quizzes and Flashcards

Convert your notes into interactive study material.

Get started for free

More Quizzes Like This

Pay for Performance Quiz
0 questions
Employee Valuation Table Calculation
18 questions
Pay-for-Performance Model in HR
18 questions
Use Quizgecko on...
Browser
Browser