College Math

Calculate the gross earnings per pay period (in $) for the given pay schedule. (Round your answers to two decimal places.)
Annual Salary Monthly Semimonthly Biweekly Weekly
$ $1,700.00 $ $ $

2.
[–/1 Points]
BreCMBC9 9.I.008.MI.
Brianna’s semimonthly salary is $3,475. What would be her equivalent biweekly salary (in $)? (Round your answers to two decimal places.)
$

3.
[–/1 Points]
BreCMBC9 9.I.012.MI.
Paul Curcio earns $7.55 per hour for regular time up to 40 hours, time-and-a-half for overtime, and double time for working on holidays. Find his gross pay (in $) if he worked 6 holiday hours for a total of 58 hours Monday through Saturday.
$

4.
[–/5 Points]
BreCMBC9 9.I.014.
As the payroll manager for a particular company, your task is to complete the following weekly payroll record. The company pays overtime for all hours worked over 40 at the rate of time-and-a-half. Round to the nearest cent when necessary. Note: Do not round the hourly overtime rate before finding the amount of overtime pay.
Employee Sands
M 6
T 5
W 10
T 8
F 11
S 5
S 0
Hourly Rate $9.30
Total Hours hr
Overtime Hours hr
Regular Pay $
Overtime Pay $
Total Pay $

5.
[–/1 Points]
BreCMBC9 9.I.020.MI.
Rachael has a job assembling a certain car accessory.
Last month she made a total of 424 items. Calculate her gross pay (in $) if she is paid on the following differential piecework schedule.
Pay Level Items produced Rate per Item
1 1–160 $9.38
2 Over 160 $11.41
$

6.
[–/1 Points]
BreCMBC9 9.I.024.
Pamela Mello is paid on an incremental commission schedule. She is paid 2.6% on the first $70,000 and 3.4% on any sales over $70,000. If her weekly sales volume was $84,800, what was her total commission (in $)?
$

7.
[–/1 Points]
BreCMBC9 9.I.026.MI.
Mary is a sales person for Challenge Furniture. She receives an incremental commission based on the table below. If she sells $28,000 and has already received a draw of $766.15, how much commission is still owed to Mary?
Level Sales volume Commission Rate
1 $1–11,700 3.1%
2 $11,701–21,200 4.1%
3 Over $21,200 4.9%

8.
[–/2 Points]
BreCMBC9 9.II.002.MI.
Solve the problem using 6.2%, up to $128,400 for Social Security tax and using 1.45%, no wage limit, for Medicare tax.
What are the social security and Medicare withholdings (in $) for an executive whose annual gross earnings are $139,500?
Social Security $ Medicare $

9.
[–/2 Points]
BreCMBC9 9.II.006.
Solve the problem using 6.2%, up to $128,400 for Social Security tax and using 1.45%, no wage limit, for Medicare tax.
Calculate the monthly Social Security and Medicare withholdings (in $) for the employee as the payroll manager for a cargo and freight company.
Employee Year-to-Date
Earnings Current Month Social Security Medicare
Graham, C. $14,100 $1,980 $ $

10.
[–/1 Points]
BreCMBC9 9.II.016.
Use the combined wage bracket tables, Exhibit 9-3 and Exhibit 9-4, to solve.
Employee Marital
Status Withholding
Allowances Pay Period Gross
Earnings Combined
Withholding
Alton, A. S 3 Monthly $4,653 $

11.
[–/1 Points]
BreCMBC9 9.III.003.MI.
A paving company has 24 employees, 15 with gross earnings of $365 per week and nine with gross earnings of $385 per week. What is the total social security and Medicare tax (in $) the company must send to the Internal Revenue Service for the first quarter of the year?
$

12.
[–/3 Points]
BreCMBC9 9.III.009.MI.
The SUTA rate for Thomson Temp Agency is 5.4% and its FUTA rate is 6% less the 5.4% SUTA credit.
If its semimonthly payroll is $131,320 and none was for payments to employees in excess of the $7,000 wage base, then what are the total FUTA and SUTA taxes (in $) for the payroll?
SUTA tax $ FUTA tax $ Total tax $

13.
[–/1 Points]
BreCMBC9 9.III.013.MI.
National Storage employs 88 workers with a gross monthly payroll of $133,000. Fringe benefits are 8.8% of payroll for a profit sharing plan and $9.27 per employee for life insurance.
What percent of payroll is the total cost of fringe benefits? Round your answer to the nearest tenth of a percent.
%

14.
[–/1 Points]
BreCMBC9 9.III.014.MI.
Marc Batchelor, a self-employed sales consultant, has estimated annual earnings of $309,000 this year. His social security tax rate is 12.4% up to the wage base, Medicare is 2.9%, and his federal income tax rate is 24%.
How much estimated tax (in $) must Marc send to the IRS each quarter?
$