bellringer - 10.11.11

2nd 9-weeks

1. Did you attempt to stick to some form of budget during the Fall Break?



2. Please list at least three types of deductions? What are these deducted from? To calculate what?

bellringer - 9.30.11

31. Have you ever had any form of deduction taken from a payment you received?



32. For this bellringer, you simply need to drop your bellringers 1 document to me and prepare a bellringers 2 document to be used for the 2nd 9-weeks.

bellringer- 9.28.11

29. What is the difference between a withholding tax and a withholding allowance?



30. What is another term for employee benefits?

bellringer - 9.26.11

27. What is the formula for Net Pay?



28. When was the first federal income tax imposed?

bellringer - 9.20.11

25. What does piece-rate mean?



26. What does per diem mean?

bellringer - 9.16.11

23. Quantity Sold x Rate of Commission = __________________.



24. Rate of Commission = Amount of Commission / ___________.

bellringer - 9.14.11

21. What is the definition of commission?



22. If a waitress works a 10 hour shift and receives 2 hours of overtime for doing so, she makes $3.00 per hour and earns and exact 20 percent commission on her total sales of $400.00 from the tables she worked, how much does she earn for the day's work?

bellringer 9.12.11

19. What is "overtime" and how is it calculated?



20. What is another phrase for overtime (also states how it is calculated)?

bellringer - 9.8.11

17. If you are one of four hourly wage employees, how much less (per hour) than the average pay do you make given the following information? You make $7.25 per hour, Employee A makes $8.00 per hour, Employee B makes $10.25 per hour, and Employee C makes $9.75 per hour.



18. From the above information, find the answer to this problem. What is the average pay for the four employees per week given the following? You work 40 hours, Employee A works 35 hours, Employee B works 40 hours, and Employee C works 30 hours.

bellringer - 9.6.11

15. What is the formula for calculating gross pay?



16. What is another name for average?