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Assignment 2 (Ch-11)

# Assignment 2 (Ch-11) - Quantitative Literacy General...

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Quantitative Literacy General Education Outcome Assessment 1. Decor Paints pays regular hourly rates for the first 40 hours worked and time and a half thereafter. The weekly payroll record shown below gives the total hours worked and hourly rates for the three employees. Fill in the remaining information including totals. Regular earning Overtime earning Name Total hours Hours worked Rate/hour Amount Hours worked Rate/ hour Amount Total earning Andrews, J 48 40 8.6 344 8 12.9 103.2 447.2 Bradly, K 50 40 9.38 375.2 10 14.07 140.7 515.9 Camp,D 46 40 9 360 6 13.5 81 441 Total 144 120 27 1079.2 24 40.47 324.9 1404.1 2. Refer to the Social Security and Medicare information. Sonia Evans earns a monthly salary of \$2,800. Compute the amount deducted each month for Social Security and Medicare. Social Security = \$2800 * 6.2% = \$173.6 Medicare = \$2800 * 1.45%= \$40.6 \$214.2 Total amount deducted over the period of a year for Social Security and Medicare = 214.2 3. Refer to the Social Security and Medicare information. Enrique Marsh earns a monthly salary of \$4,200. Compute the amount deducted over the period of a year for Social Security and Medicare.

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Assignment 2 (Ch-11) - Quantitative Literacy General...

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