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Bus. Math 1 Vocab.

Business Math Chapter 1 Vocabulary

the amount of money for each hour you work. hourly rate
the total amount of money you can earn for a pay period at the hourly rate. straight time pay
when you work more than your regular hours. overtime pay
1 1/2 times regular hourly rate. time and a half
2 times regualr hourly rate. double time
shows the time you reported for work and the time you departed each day of the week. weekly time card
recieve a specified amount of money for each item of work you completed. piecework
fixed amount of money that you earn on a regular basis. salary
amount of money that you are paid for selling a product or service. commission
specified amount of money for each sele or it may be percent of the total value of your sales. commission rate
when the commission is the only pay you recieve. straight commission
offers a different rate of commission for each several levels of sells. graduated commission
Created by: brandon_kyle10