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Business Math Chapter 1 Vocabulary

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
the amount of money for each hour you work.   hourly rate  
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the total amount of money you can earn for a pay period at the hourly rate.   straight time pay  
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when you work more than your regular hours.   overtime pay  
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1 1/2 times regular hourly rate.   time and a half  
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2 times regualr hourly rate.   double time  
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shows the time you reported for work and the time you departed each day of the week.   weekly time card  
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recieve a specified amount of money for each item of work you completed.   piecework  
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fixed amount of money that you earn on a regular basis.   salary  
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amount of money that you are paid for selling a product or service.   commission  
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specified amount of money for each sele or it may be percent of the total value of your sales.   commission rate  
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when the commission is the only pay you recieve.   straight commission  
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offers a different rate of commission for each several levels of sells.   graduated commission  
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