Question 1

Calculate the gross pay for Ryan Campbell, an orange picker, based on the following differential scale. Ryan picked 3,250 oranges during this pay period.
 $$\begin{array} { | l | l | } 
\hline 1 - 1,000 & \$ .10 \
\hline 1,000 - 2,000 & \$ .13 \
\hline 2,000 - 4,000 & \$ .17 \
\hline \text { Over } 4,000 & \$ .25 \
\hline
\end{array}$$

Accepted Answer

The answer of Calculate the gross pay for Ryan Campbell,...

Question 2

Robert Bryan, Jr., earns $400 per week plus 3% of sales in excess of $7,000. If Robert sells $21,000, how much are his weekly earnings?

Accepted Answer

$400 + (.03 × $14,000)= $400 + $420 = $820

Question 3

Janice Tax, an accountant for Flee Corp., earned $122,700 from January to June. In July she earned $8,000. Assuming a FICA tax rate of 6.2% for Social Security on $128,400 and 1.45% for Medicare, what is the FICA amount for the month?

Accepted Answer

5,700 × .062 = $353.40; 8,000 × .0145 = $836; 353.40 + 836 = $1,189.40

Question 4

Dan Zabrowski works according to the following schedule for a given week, and is paid overtime at 1.5 times. Find his total hours, and his gross pay for the week.
 $$\begin{array} { | c | c | c | c | c | c | c | c | c | c | } 
\hline \text { Employee } & \text { M } & \text { T } & \text { W } & \text { TH } & \text { F } & \text { S } & \text { Total Hrs } & \text { Rate per Hr } & \begin{array} { c } 
\text { Gross } \
\text { Pay }
\end{array} \
\hline \text { Dan Z. } & 10.5 & 10.5 & 0 & 10.5 & 0 & 10.5 & \text { A } & \$ 15.80 & \text { B } \
\hline
\end{array}$$

Accepted Answer

The answer of Dan Zabrowski works according to the following...

Question 5

Sonny Siebert earned $485,000 a year as a rookie pitcher for the Cleveland Indians. Assuming a tax rate of 6.2% for Social Security up to $128,400 and Medicare tax of 1.45%, how much did Sonny pay in FICA taxes as a rookie pitcher?

Accepted Answer

.062 × 128,400 = 7,960.80; .0145 × 485,000 = 7,032.50; Total FICA = 7,960.80 + 7,032.50 = $14,993.30

Question 6

Jim Dashinger is a salesman who receives a $100 draw per week. He receives a 12 1/2% commission on all sales. Sales for Jim for the month were $28,000. What did Jim receive after taking the draw into consideration? (Assume a five-week month.)

Accepted Answer

(.125 × $28,000)- $500 = $3,000.

Question 7

Jim Long earned $1,900 biweekly. He claims two exemptions and is married. As his accountant, calculate his federal income tax deduction. Use the percentage method. (Use the tables in the handbook to answer this question.)

Accepted Answer

1,900 - (2 × 159.60)= 1580.80; 73.30 + .12 (1580.80 - 1,177)= $121.76

Question 8

Caroline earns $290.25 per week plus 4% commission on all sales. If Caroline had sales of $11,500 for each week, what was her total pay for the month assuming a four-week month?

Accepted Answer

(290.25 + .04 × 11,500)× 4 = $3,001

Question 9

Jenny earns $700 per week, plus 6% of sales in excess of $5,700. If Jenny sold $15,791 last week, what were her weekly earnings?

Accepted Answer

($15,791 - $5,700 = $10,091); $700 + (.06 × $10,091)= $605.46; $700 + $605.46 = $1,305.46

Quiz 9: Payroll