Name: ________________________

Chapter 1 Post-Test
Directions: Solve the following problems.
1. Jason is a lab technician and earns $9.65 per hour. What are his wages for 40 hours?


$386



2. Estimate Jasons annual wages, based on 50 weeks.


$19,300



3. Bailey works as an electrician with the Current Electric Company. She earns $17.25 per
hour with time and a half after 40 hours. If she works 44 hours Monday through Friday,
how much will she earn?


$793.50



4. One day Bailey works from 8:00 A.M. to 1:00 P.M., lunches until 1:30, and then works
until 5:30 P.M. How many hours does she work?


9 hours



5. William receives $0.89 for every radio he wires at Benton Electronics. How much will he
earn if he completes the wiring on 128 radios?


$113.92

6. Round $18.937 to the nearest cent.


$18.94



7. Round $138.026 to the nearest dollar.


$138



8. What is the annual salary for someone who earns a biweekly salary of $927?


$24,102



Directions: Change these percents to decimals.

9. 6% = __0.06__________________


10. 19% = __0.19_________________


11. 115% = __1.15________________

Directions: Solve the following problems.
12. Mr. Johnson receives a 5% commission plus a salary of $285 per week. If his total sales
for one week are $3912, how much does he earn?


$480.60



13. Ms. Smith sells a car for $16400. How much does she earn with a 1.4% commission?


$229.60




Directions: Compute the total deductions and net pay for these two employees.


Gross
Pay
Federal
Tax
State
Tax
Soc. Sec.
Tax
Medicare
Health
Insurance
Total Deductions Net Pay
14. $712 $108.70 $35.69 $44.09 $10.31 $49.37

$248.16

$463.84
15. $412 $46.54 $20.06 $25.55 $5.97 $27.19

$125.31

$286.69


Directions: Match each vocabulary term to the correct definition.
_B_16. Hourly Rate A. The amount of money earned during a full year
_C_17. Wages B. The amount of money paid for each hour of work
_A_18. Annual Wages C. The money received on payday

_C_19. Double Time A. Working time beyond a standard day or week
_A_20. Overtime B. Payment of 1.5 times the regular hourly rate
_B_21. Time and a Half C. Payment of two times the regular hourly rate

_B_22. Tip A. Payment of a fixed amount of money at regular intervals
_C_23. Piecework B. Extra money given in appreciation of good service
_A_24. Salary C. Work paid according to number of units completed

_C_25. Bimonthly A. Four times a year, or once every three months
_A_26. Quarterly B. Every six months, or 2 times a year
_B_27. Semiannually C. Every two months, or 6 times a year

_C_28. Biweekly A. Payment based on a percentage of total sales
_B_29. Semimonthly B. Twice a month; or 24 times a year
_A_30. Commission C. Every two weeks; or 26 times a year

_A_31. Rate of Commission A. The percent used to compute commissions
_C_32. Deductions B. The amount of full earnings before deductions
_B_33. Gross Pay C. Money withheld from gross pay