Vocabulary
How many hours is considered full time?
36-40 hours
Calculate the total hours worked. Is if full-time?
Monday= 4.56 hrs
Wednesday= 5.75 hrs
Friday= 6.03 hrs
Sunday= 5.15hrs
21.49 hours, part-time
Calculate the new hourly wage based on the raise.
Hourly rate: $17. 25
Raise: $2 .00 per hour
$19.25
What is the difference between gross pay and net pay?
Gross pay: before deductions
Net pay: after deductions
What is Mrs. Peter's birthday month?
December
How often do you get paid if you are on a bi-weekly schedule?
(26 times in a year)
Calculate the gross income.
Hours worked: 4.35, 6.25, 5.51, 4.13
Hourly wage: $15.75
$318.78
Calculate your new hourly rate:
Raise: 8%
Current hourly rate: $19.75
$21.33/hr
What are deductions?
Taxes taken away or subtracted from gross pay.
What is Miss Fink's favorite color?
Purple
Your pay BEFORE deductions
Gross Pay
Calculate the gross income if the person missed the last shift (5.51 hours).
Hours worked: 3.97, 5.30, 6.10, 5.51
Hourly wage: $17. 00
$261.29
Calculate the new hourly wage based on the overtime pay rate.
Hourly rate: $15.00
Overtime rate: Time and a half
$22.50/hr
What percentage of gross income is going towards net income?
Gross income: $958.70
Net Income: $766.96
80%
What is the name of the Brunswick mascot?
Bluey the Blue Devil
Your pay AFTER deductions
Net pay
You make $1,450 each pay period and are paid biweekly. How much will you make in a year?
$37,700
Calculate the new hourly wage based on the overtime pay rate.
Hourly rate: $21.30
Overtime rate: double time
$42.60
Calculate to find the % of income tax deductions on this paycheck.
Gross Pay: $268.13
Net Pay: $201.10
Tax Deductions: $67.03
25%
What show did we always watch at the end of the period last year?
Hannah Montana
Explain one benefit of direct deposit?
Answers will vary.
Calculate the net income.
Hours worked: 5.73, 6.20, 4.59, 6.05
Hourly wage: $13.50
% tax deduction: -20%
$243.76
How much did you earn in overtime if you get time and a half?
Hourly Rate: $14.50
Overtime Hours: 8
Step 1 (overtime rate):
Step 2 (overtime pay):
$174
Calculate the net income.
Hours worked: 5.73, 6.20, 4.59, 6.05
Hourly wage: $13.50
% tax deduction: -20%
$243.76
Name at least 3 out of the 5 principals at Brunswick High School.