2. JEOPARDY

3. TermsSalary, Overtime & Commission Take-Home Pay Benefits & Expenses RandomsDeductions $100 $200 $300 $400 $500 Let’s play! ***

4. This is the total amount of money that an employee is paid before deductions. Back to 1 $200 Answer: What is gross pay?

5. This is time worked beyond the regular working day of 8 hours or week of 40 hours. Back $100 Answer: What is overtime?

6. This is an amount of each item sold, or it may be a percent of the dollar value of sales. Back to 1 $300 Answer: What is commission?

7. These employees are paid for each usable item them produce at work. Back to 1 $400 Answer: What is Piece-Rate?

8. What does FICA stand for? Answer: What is: Federal Insurance Contributions Act? Back to 1 $500

9. Back to 1 Mark works as a customer service representative and is paid $9.10 per hour. He worked 37 hours last week. What is Mark’s gross pay? Answer: What is $336.70? $100

10. Paul’s regular pay is $9.25 an hour and time-and-a-half for any overtime. Last week, Paul worked 44 hours. What was Paul’s gross pay? Answer: What is $425.48? $300 Back to 1 **DAILY DOUBLE**

11. Sarah earns 3% commission on every TV she sells. Each TV sells for $329. Yesterday, Sarah sold 4 TVs. What was the total commission Sarah earned? Back to 1 Answer: What is $39.48? $200

12. ***DAILY DOUBLE*** Tiffany works in sales and is paid $10.25 an hour and double time for overtime. She worked 52 hours last week. What was Tiffany’s total gross pay? $400 Back to 1 Answer: What is $656.00?

13. Gene receives a salary of $440 per week plus 18% commission on all sales over $2,800. Gene’s total sales last week were $5,500. What were Gene’s gross earnings for last week? Answer: What is $926.00? $500 Back to 1

14. What is the difference between gross pay and take-home pay/net pay? Answer: What is deductions and expenses are taken out? $100 Back to 1

15. What is the difference between a raise and a promotion? Answer: What is a promotion has added job responsibilities? $200Back to 1

16. Linda’s monthly gross pay is $2,750. Out of those wages, $62 in Federal Income taxes, $ 97 in FICA taxes and $85 in health insurance were deducted. Find the percentage of gross pay that Linda takes home to the nearest percent. Answer: What is a 91%? $300Back to 1

17. Rob earns $3,750 per month. From those wages, $312 in federal income tax, $245.25 in Social Security, $59 in Medicare, $104 is state income taxes, and $23.75 in health insurance are deducted. Find the percentage of gross pay that Rob takes home to the nearest percent. Answer: What is 80%? $400 Back to 1

18. George earns $482 per week. He is given a 12% raise. He is a single taxpayer who claims zero withholding allowances. Federal income and FICA taxes are deducted from his wages. How much did his gross wages increase? How much did his net pay increase? Answer: What is $57.84 and $46.41? $500 Back to 1

19. What is one example of a job benefit? Answer: What is health insurance, vacation time, parking, dental insurance? $100Back to 1

20. How do you calculate total job benefits? Answer: What is add total benefits to gross pay? $200 Back to 1

21. ***DAILY DOUBLE*** Kirby is a manager. Last year Kirby earned gross pay of $34,800 and these benefits: paid pension $2,784; health insurance, $1,892; paid vacation, $1,338; paid holidays, $2,007; and free parking, $425. What total job benefits did Kirby receive last year? $300 Back to 1 Answer: What is $43,246?

22. Kelly had total job benefits of $32,620. Her job expenses were $1,410 for commuting, $125 for a license and $85 for professional dues. Find Kelly’s net job benefits. Answer: What is $31,000? $400 Back to 1

23. Refer to Ditto! $500 Back to 1 Answer: What is Job #2 has greater net yearly job benefits by $3,024.48?

24. How many full working weeks are in a year? $100 Back to 1 Answer: What is52?

25. You earn an annual salary of $34,700. How much do you make bi-weekly? $200 Back to 1 Answer: What is $1,334.61?

26. What the difference between a fringe benefit and an employee benefit? $300 Back to 1 Answer: What is NOTHING, they are the same?

27. What two facts do you need about a taxpayer to calculate their federal income tax amount? $400Back to 1 Answer: What are: (1) Marital Status, (2) Number of withholding allowances

28. What is the difference between total job benefits and net job benefits? $500 Back to 1 Answer: What is total job benefits is gross pay + benefits, net job benefits is total job benefits - expenses?

29. What is an example of a deduction? $100 Back to 1 Answer: What is FICA taxes, Federal Income Taxes, State taxes?

30. This is the overall FICA tax rate. $200 Back to 1 Answer: Who is 7.65%?

31. Calculate the social security tax amount and Medicare tax amount on $375.88 $300 Back to 1 Answer: What is $5.45-Medicare and $23.30-Social Security?

32. $400 Back to 1 Answer: What is subtract deductions from gross pay How do you calculate net pay?

33. Jay earned gross pay of $410 last week. From his gross pay, the following were subtracted: federal withholding tax, $37; Social Security tax, 6.2%; Medicare taxes, 1.45%; health insurance, $34.88; and $40 for his savings plan. Find Jay’s net pay? $500 Back to 1 Answer: What is $266.76?

34. FINAL JEOPARDY!!!