Chapter One

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# Chapter One - PowerPoint PPT Presentation

Chapter One. Review. Directions. Answers the questions the best you can. Click on the answer you think is correct. If you are right, you will need to click anywhere on the slide to move to the next question.

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## PowerPoint Slideshow about 'Chapter One' - brygid

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### Chapter One

Review

Directions
• Answers the questions the best you can.
• Click on the answer you think is correct.
• If you are right, you will need to click anywhere on the slide to move to the next question.
• If you are wrong, you will need to click anywhere on the slide to move back to the question and try again.
• If you find any problems with the presentation, please let me know so it can be corrected.

GOOD LUCK!!

Vocabulary Review

The total amount of an employee’s earnings is called ????.

• double-time pay
• gross pay
• time-and-a-half pay
• salary

### Correct!

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Vocabulary Review

Pay that is 1.5 times the regular hourly rate of an employee is called ????.

• double-time pay
• gross pay
• time-and-a-half pay
• salary

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Vocabulary Review

An amount of money, often calculated as a percent, give to someone for service they provide is a(n) ????.

• tip
• piece rate
• per diem
• commission

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Vocabulary Review

A fixed amount of pay for a week or a month is called ????.

• double-time pay
• gross pay
• time-and-a-half pay
• salary

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Vocabulary Review

Salespeople who receive a specific percent of the sales they make are paid on a(n) ???? basis.

• commission
• straight commission
• piece rate

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Vocabulary Review

One number that represents a group of numbers is called a(n) ????.

• average
• quota
• tip
• salary

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Vocabulary Review

Time worked beyond the end of a usual working day is called ????.

• regular time
• overtime
• time-and-a-half pay
• double-time pay

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Vocabulary Review

A wage rate based on the amounts produced by an employee is called ????.

• commission
• gross pay
• piece rate
• per diem

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Vocabulary Review

Employees that are paid a fixed amount daily are called ???? employees.

• commission
• straight commission
• per diem
• piece rate

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Numerical Review

Raphael Winston is paid \$15.60 for each hour he works. What is his gross pay for a week in which he works 43 hours?

• \$15.60
• \$670.80
• \$694.20
• \$717.60

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Numerical Review

Karolyn Yoder is paid a salary \$4,600 a month. What are her total annual earnings?

• \$4,600
• \$46,000
• \$54,000
• \$55,200

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Numerical Review

The gross earnings of 6 employees in a picture framing shop for a week were: \$620; \$524; \$715; \$670; \$588; and \$675. What was the average amount earned for the week by these employees?

• \$632
• \$758.40
• \$3,077
• \$3,792

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Numerical Review

For the 9 warmest months of the year, Kendrick Beachom installed chain link fences and earned \$3,500 a month. For the remaining 3 months of the year, he earned these monthly amounts by working several part-time jobs: \$2,450; \$1,785; \$3,025. What were his average monthly earnings for the year?

• \$2,152
• \$3,230
• \$9,690
• \$38,760

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Numerical Review

The average annual pay of 4 construction workers is \$46,800. Three of the workers earned these annual amounts of pay: \$44,200; \$47,450; and \$45,900. What was the annual pay of the fourth worker?

• \$2,850
• \$46,087.50
• \$49,650
• \$187,200

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Numerical Review

Monique Valla is paid an hourly rate of \$17.63 for regular-time work. What will be her time-and-a-half and double-time hourly pay rates for overtime work? (Time-and-a-half is listed first.)

• \$17.63; \$35.26
• \$17.63; \$26.445
• \$26.445; \$35.26
• \$35.26; \$26.445

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Numerical Review

Raul Pina worked these hours in five days: 8¼; 7½; 10; 8¾; and 8 hours. Overtime is based on an 8-hour workday. How many regular hours and overtime hours did he work in the five days? (Regular Hours are listed first).

• 2½; 40
• 3; 39½
• 39½; 3
• 40; 2½

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Numerical Review

Penelope Schoenberg’s overtime is figured on a 40-hour work week. Last week she worked 45.6 hours. This week she worked 9.7 hours on Monday, 8.3 hours on Tuesday, 8 hours on Wednesday, 9.1 hours on Thursday, and 8.6 hours on Friday. How many overtime hours did she work in the two weeks?

• 3.7
• 5.6
• 9.3
• 12

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Numerical Review

Eddie Fantin is paid every two weeks. For the first week of his pay period he worked 42 hours hours, 4 of which were overtime hours. In the second week, he worked 40 regular hours and 7 overtime hours. His regular pay rate is \$14.40 an hour with time-and-a-half for overtime. What are his regular, overtime, and total wages for the two weeks?

• \$1,022.40; \$1,533.60; \$2,556
• \$1,123.20; \$237.60; \$1,360.80
• \$1,123.20; \$2,044.80; \$3,168
• \$1,180; \$237.60; \$1,417.60

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Numerical Review

Marcel Ouimet is paid \$9.80 an hour for regular time work and \$14.70 overtime pay for all hours worked beyond 40 hours in a week. He is paid every two weeks. During Week 1, he worked 46 hours; in Week 2, he worked 42¼ hours. What was his total gross pay for the two weeks?

• \$864.85
• \$905.28
• \$1,071.88
• \$1,090.25

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Numerical Review

Gaston Kohl is paid a straight commission of 6.5% on all sales. In March, his sales were \$105,000. What were his commission earnings in March?

• \$682.50
• \$6,825
• \$68,250
• \$682,500

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Numerical Review

A company pays sales staff a monthly commission of 4% on the first \$15,000 of sales, 6% on the next \$20,000 of sales, and 7.5% on all sales above \$35,000. What amount would Tony Renshaw earn if his sales for a month were \$41,000?

• \$1,640
• \$2,250
• \$2,460
• \$3,075

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Numerical Review

Irene Ogan earned a commission of \$5,130 on sales of \$90,000. What rate of commission was she paid?

• 0.057%
• 0.1754%
• 5.7%
• 17.54%

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Numerical Review

Doris Bommarito is paid a commission of 1.4% on all monthly sales above \$80,000. Her sales for November were \$382,000. What commission amount did she earn for the month?

• \$1,120
• \$4,228
• \$5,348
• \$42,280

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Numerical Review

Steven Kahn is paid \$4.25 for each wooden duck he paints that passes inspection. What is his pay on a day when he paints 38 ducks, 2 of which were rejected?

• \$153
• \$154.08
• \$157.25
• \$161.50

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Numerical Review

Tammy Scott-Hogan charges \$350 a day to develop a personal training program for her clients. What amount did she earn last month if she worked 17 days?

• \$5,250
• \$5,950
• \$5,967
• \$6,300

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Numerical Review

What tip will Brady get if a customer adds a 15% tip to his \$18.52 meal cost?

• \$0.28
• \$2.78
• \$27.78
• \$277.80

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Numerical Review

Amanda delivers newspapers to subscription customers. She receives an average annual tip of \$12 from her 156 customers. What is her tip income for the year?

• \$0.08
• \$12
• \$144
• \$1,872

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### You have completed the review.

Good luck on the test!