Exam 1: Review of Arithmetic

Extend each of the following and determine the total.

Extend each of the following and determine the total.

Simplify 7125 ×

You are supposed to teach 15 credit hours per week per term for a tri-mester school year. Anything above is considered to be overtime and is compensated at time and one-half you regular rate of $27.13 per hour. You work the following credit hours. How much total overtime, for the entire term, does your employer owe you at the end of the third term (assume that you were not paid any overtime in terms one and two and that the term is 15 weeks long)?

You bought two items for a total of $770.11. The first item is GST exempt and it represents 42% of the total purchase price. Assuming that you live in Alberta, what is the total amount of GST that you paid?

Simplify:

Certify Auto Repair (CAR)files GST returns annually. In 2012, CAR billed its customers $195 432 for labour, $24 732 for parts, and then added the GST. During this year, CAR paid $19 785 for parts, $36 000 for rent, $9767 for utilities, and $21 873 for shop repairs, plus the GST on these goods and services. What GST must be remitted (or refunded by the CRA)for the year 2012?

On a trip, a motorist purchased gasoline as follows: 66 litres at 69.0 cents per litre; 69 litres at 70.5 cents per litres; 80 litres at 71.5 cents per litre; and 57 litres at 74.5 cents per litre. a)What was the average number of litres per purchase? b)What was the average cost per litre? c)If the motorist averaged 9.75 km per litre, what was her average cost of gasoline per kilometre?

A salesperson receives a commission of 5% on the first $1500.00 of sales during a week. On the next $5000.00 she receives a commission of 10.5%. On any additional sales, the commission rate is 11.75%. Find her gross earnings for a week during which her sales amount to $12 400.00.

Your gross annual pay is $19 163. Employment insurance premiums are deducted at a rate of 2.25% and Canada Pension Plan premiums are 3.75% based on total earnings. You pay income taxes at a rate of 17% on all amounts over $8131. What is your Net Pay for the year?

Don Blair invested $11 500 in a business on January 1. She withdrew $700 on March 1, reinvested $1800 on August 1, and withdrew $500 on September 1. What is Don's average monthly investment balance for the year?

Suppose you went shopping and bought bulk laundry detergent worth $11.65. You then received a $1.50 trade discount, and had to pay a $2.10 shipping charge. Find the total purchase price of the detergent in Nova Scotia.

A salesperson had gross earnings of $943.25 for last week on gross sales of $8320.00. If returns and allowances were 5.5% of gross sales, what is his rate of commission based on net sales?

Purchases of an inventory item during last month were as follows: What was the weighted average price per item?

You bought a new car in Ontario for $19 500 which included HST. What is the total amount of HST that you paid?

"Save the PST" is a popular advertising gimmick. How much would you save on the purchase of a T-shirt with a list price of $45.00 in a Manitoba store during a "Save the PST" promotion?

Simplify: 10 + - 5

Purchases of an inventory item during the last accounting period were as follows: What was the weighted average price per item?

The engineering department of a consulting company has 8 junior engineers working at $24.75/hour, 5 senior engineers working at $39.49/hour, and an engineering manager working at $47.24 per hour. Calculate the weighted average hourly rate earned by the engineering department.

Esther's flower shop had sales revenue of $152 000.00 for the year. If the shop's GST taxable expenses were 29 920.00. Calculate how much Colleen should remit to the government at the end of the year.