Site MapHelpFeedbackCalculations and Applications
Calculations and Applications
(See related pages)

Do calculations on scrap paper as needed. Worked-out solutions are provided at end.
  1. Calculate the total gross pay for Melvin Moore. Assume time and half for overtime. Melvin earns $8 per hour.
    Melvin's hours worked
    MTWThFSat
    51287914

  2. Based on the following schedule. what is Ron's gross pay? Ron had net saled of $180,000.
    Up to $40,0006%
    $40.000-$60,0007%
    Over $60,0007½%

  3. Assume a 6.20% Social Security rate on $97,500 and a Medicare rate of 1.45%. What will Alice pay in, for Social Security and Medicare for this week's payroll for $1,500? To date, her cumulative earnings before this payroll were $96,300.

  4. From the following information, calculate Pat's net pay. Use the wage bracket table for FIT.
    Employee
    Status
    Claims
    Gross pay
    FIT
    FICA SS/Med
    Net pay
    Pat Swan
    M
    2
    $930
       

  5. Lloyd Alex had two employees who earns $500 and $800 a week. Assume a 5.4% FUTA rate. What will Lloyd pay for SUTA and FUTA for the first quarter?

Click here for Calculations/Applications answers.







OLC Prac Bus Math 10eOnline Learning Center

Home > Chapter 9 > Calculations and Applications