Question 1

Find the Social Security tax for the current pay period. Assume a 6.2% FICA rate up to a maximum of $115,000.
-Gross Earnings This Year: $110,009.26 Current Period Earnings: $6,288

Accepted Answer

A) $80.43 
B) $389.86 
C) $303.23 
D) $309.43 
A) $80.43 
B) $389.86 
C) $303.23 
D) $309.43

Question 2

Find the Social Security tax (6.2%), Medicare tax (1.45%), and state disability insurance deduction (1%) for the employee.
Assume the employee is under the FICA and SDI maximums at the end of the current pay period and assume that
time-and-a-half is paid for any overtime in a 40-hour week. Round to the nearest cent if needed.
-

Accepted Answer

A) $18.42, $4.31, $2.97 
B) $27.64, $6.46, $4.46 
C) $16.86, $3.94, $2.72 
D) $19.20, $4.49, $3.10 
A) $18.42, $4.31, $2.97 
B) $27.64, $6.46, $4.46 
C) $16.86, $3.94, $2.72 
D) $19.20, $4.49, $3.10

Question 3

Solve the problem.
-Bob works for Allies Electronics making switches. He is paid $0.40 per switch. Last week he made 777 switches on regular time and 114 switches during overtime. Find his gross earnings for the
Week if time-and-a-half per switch is paid for overtime.

Accepted Answer

A) $367.80 
B) $356.40 
C) $390.60 
D) $379.20 
A) $367.80 
B) $356.40 
C) $390.60 
D) $379.20

Question 4

Motorville Auto Parts pays salespeople as follows: $488 per week plus a commission of 1.1% on sales above $15,000
through $25,000 with 1.4% paid on sales in excess of $25,000. Find the gross earnings of the salesperson. (No commission
is paid on the first $15,000 of sales.)
-

Accepted Answer

A) $727.80 
B) $275.20 
C) $763.20 
D) $2,250.00 
A) $727.80 
B) $275.20 
C) $763.20 
D) $2,250.00

Question 5

Solve the problem.
-Anita's regular hourly rate is $14 for a 40-hour work week. She is paid time-and-a-half for each hour worked on weekends. One week Anita worked 40 hours from Monday through Friday and 8
Hours on Saturday. Find her gross pay for the week.

Accepted Answer

A) $728 
B) $224 
C) $672 
D) $560 
A) $728 
B) $224 
C) $672 
D) $560

Question 6

Solve the problem.
-Suppose eggplant pickers are paid as follows:   If Rachel picks 363 eggplants, what are her gross earnings?

Accepted Answer

A) $40.84 
B) $46.84 
C) $39.93 
D) $65.34 
A) $40.84 
B) $46.84 
C) $39.93 
D) $65.34

Question 7

Calculate the total amount due to the IRS from the firm.
-Hargray Telecommunications collected $58,437.71 FICA, $13,913.74 medicare, and $19,217.87 federal withholding from employees.

Accepted Answer

A) $163,920.77 
B) $150,007.03 
C) $105,483.06 
D) $183,138.64 
A) $163,920.77 
B) $150,007.03 
C) $105,483.06 
D) $183,138.64

Question 8

Find the Social Security tax for the current pay period. Assume a 6.2% FICA rate up to a maximum of $115,000.
-Gross Earnings This Year: $108,592.25 Current Period Earnings: $4,442.60

Accepted Answer

A) $13,587.28 
B) $275.44 
C) $285.44 
D) $397.28 
A) $13,587.28 
B) $275.44 
C) $285.44 
D) $397.28

Question 9

Use the percentage method of withholding to find the federal withholding tax, a 6.2% FICA rate to find the FICA tax, and
1.45% to find the Medicare tax. Then find the net pay for the employee. Assume that the employee has not earned over
$115,000 so far this year.  
-Fred Jones has gross earnings of $4723.08 biweekly. He is married and has 3 withholding allowances.

Accepted Answer

A) $3,673.96 
B) $4,035.27 
C) $5,049.58 
D) $4,361.77 
A) $3,673.96 
B) $4,035.27 
C) $5,049.58 
D) $4,361.77

Question 10

Find the weekly gross earnings. Overtime is paid at the time-and-a-half rate for hours over 40 per week.
-

Accepted Answer

A) $1,100.00 
B) $1,131.00 
C) $990.00 
D) $1,072.50 
A) $1,100.00 
B) $1,131.00 
C) $990.00 
D) $1,072.50

Question 11

Calculate the total amount due to the IRS from the firm.
-Robinson Furnace Co. collected $2,800.09 FICA, $654.86 medicare, and $2,325.88 federal withholding tax from employees.

Accepted Answer

A) $8,580.92 
B) $6,435.69 
C) $5,780.83 
D) $9,235.78 
A) $8,580.92 
B) $6,435.69 
C) $5,780.83 
D) $9,235.78

Question 12

Calculate the total amount due to the IRS from the firm.
-The Book Mart collected $1,485.31 FICA, $347.37 medicare, and $1,806.33 federal withholding tax from employees.

Accepted Answer

A) $3,639.01 
B) $5,124.32 
C) $5,471.69 
D) $3,986.38 
A) $3,639.01 
B) $5,124.32 
C) $5,471.69 
D) $3,986.38

Question 13

Find the equivalent earnings.
-Barbara's yearly salary is $17,212. What is her biweekly salary?

Accepted Answer

A) $662.00 
B) $331 
C) $717.17 
D) $1,434.33 
A) $662.00 
B) $331 
C) $717.17 
D) $1,434.33

Question 14

Solve the problem.
-Arnold's regular hourly rate is $13.92 per hour for a 40-hour work week. He is paid time-and- a-half for all overtime work. One week Arnold worked 52.5 hours. What would be his overtime
Pay?

Accepted Answer

A) $817.80 
B) $261.00 
C) $192.75 
D) $730.80 
A) $817.80 
B) $261.00 
C) $192.75 
D) $730.80

Question 15

Find the gross earnings for the employee.
-Westinghouse Paving pays its salespeople the following commissions.

Accepted Answer

A) $4,417.50 
B) $826.75 
C) $1,225.75 
D) $1,652.00 
A) $4,417.50 
B) $826.75 
C) $1,225.75 
D) $1,652.00

Question 16

Solve the problem.
-Roger earns $13.25 per hour. Find his gross pay for 29.25 hours.

Accepted Answer

A) $387.46 
B) $387.57 
C) $387.56 
D) $387.66 
A) $387.46 
B) $387.57 
C) $387.56 
D) $387.66

Question 17

Solve the problem.
-Al's Recycling Center pays local children $0.50 for each pound of aluminum cans they bring in. If Bobby brings in 9 pounds of cans, what are his gross earnings?

Accepted Answer

A) $9.50 
B) $3.00 
C) $6.00 
D) $4.50 
A) $9.50 
B) $3.00 
C) $6.00 
D) $4.50

Question 18

Calculate the total amount due to the IRS from the firm.
-Peter's Landscaping collected $933.83 FICA, $222.34 medicare, and $293.54 federal withholding from employees.

Accepted Answer

A) $2,899.42 
B) $2,383.54 
C) $1,672.05 
D) $2,605.88 
A) $2,899.42 
B) $2,383.54 
C) $1,672.05 
D) $2,605.88

Question 19

Find the equivalent earnings.
-Arnold earns $19,656 a year. How much does he earn in a month?

Accepted Answer

A) $378.00 
B) $1,965.60 
C) $1,638.00 
D) $819.00 
A) $378.00 
B) $1,965.60 
C) $1,638.00 
D) $819.00

Question 20

Find the hours, rate, or earnings as specified.
-  Find the gross earnings for the week.

Accepted Answer

A) $46.51 
B) $564.58 
C) $777.56 
D) $518.28 
A) $46.51 
B) $564.58 
C) $777.56 
D) $518.28

Find the Social Security tax for the current pay period. Assume a 6.2% FICA rate up to a maximum of $115,000. -Gross Earnings This Year: $110,009.26 Current Period Earnings: $6,288

Solve the problem. -Bob works for Allies Electronics making switches. He is paid $0.40 per switch. Last week he made 777 switches on regular time and 114 switches during overtime. Find his gross earnings for the Week if time-and-a-half per switch is paid for overtime.

Motorville Auto Parts pays salespeople as follows: $488 per week plus a commission of 1.1% on sales above $15,000 through $25,000 with 1.4% paid on sales in excess of $25,000. Find the gross earnings of the salesperson. (No commission is paid on the first $15,000 of sales.) -

Solve the problem. -Anita's regular hourly rate is $14 for a 40-hour work week. She is paid time-and-a-half for each hour worked on weekends. One week Anita worked 40 hours from Monday through Friday and 8 Hours on Saturday. Find her gross pay for the week.

Solve the problem. -Suppose eggplant pickers are paid as follows: If Rachel picks 363 eggplants, what are her gross earnings?

Calculate the total amount due to the IRS from the firm. -Hargray Telecommunications collected $58,437.71 FICA, $13,913.74 medicare, and $19,217.87 federal withholding from employees.

Find the Social Security tax for the current pay period. Assume a 6.2% FICA rate up to a maximum of $115,000. -Gross Earnings This Year: $108,592.25 Current Period Earnings: $4,442.60

Find the weekly gross earnings. Overtime is paid at the time-and-a-half rate for hours over 40 per week. -

Calculate the total amount due to the IRS from the firm. -Robinson Furnace Co. collected $2,800.09 FICA, $654.86 medicare, and $2,325.88 federal withholding tax from employees.

Calculate the total amount due to the IRS from the firm. -The Book Mart collected $1,485.31 FICA, $347.37 medicare, and $1,806.33 federal withholding tax from employees.

Find the equivalent earnings. -Barbara's yearly salary is $17,212. What is her biweekly salary?

Solve the problem. -Arnold's regular hourly rate is $13.92 per hour for a 40-hour work week. He is paid time-and- a-half for all overtime work. One week Arnold worked 52.5 hours. What would be his overtime Pay?

Find the gross earnings for the employee. -Westinghouse Paving pays its salespeople the following commissions.

Solve the problem. -Roger earns $13.25 per hour. Find his gross pay for 29.25 hours.

Solve the problem. -Al's Recycling Center pays local children $0.50 for each pound of aluminum cans they bring in. If Bobby brings in 9 pounds of cans, what are his gross earnings?

Calculate the total amount due to the IRS from the firm. -Peter's Landscaping collected $933.83 FICA, $222.34 medicare, and $293.54 federal withholding from employees.

Find the equivalent earnings. -Arnold earns $19,656 a year. How much does he earn in a month?

Find the hours, rate, or earnings as specified. - Find the gross earnings for the week.

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Exam 6: Payroll