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Unit 2, lesson 1
Review
Question | Answer |
---|---|
John works at a factory and gets paid $.15 per part assembled. He is paid? | a piece rate |
Tina works at a fast food restaurant and is paid $8.00 an hour. If she works 20 hours in a pay period, what is her gross pay? | $160.00 |
Sam makes $10 an hour. If he works 45 hours in one week, what will his total gross pay for this pay period? | $475 |
If Kate can make 630 widgets in 9 hours, what is her hourly production rate? | 70 widgets/hour |
Jake works at a factory. He makes $.10 for each widget he assembles. The production rate is 75 widgets/hour. What is his gross pay for an 8 hour shift? | $60 |
What is income? | The money you earn from a job or get by another source. |
What is pay period? | The length of time for which an employee's wages are calculated. |
What is gross pay? | The amount of money earned per hour of work. |
What is hourly wage? | The amount of money your earn per hour. |
What is piece rate? | When the worker is paid a fixed rate for each item produced. |
What is overtime? | The amount of time a person works beyond 40 hours in work week. |
What is overtime pay? | Pay for work beyond 40 hours in work week that is at least one and one-half times the regular rate. |