Name: 
 

Quiz B.5-B.6



Multiple Choice
Identify the choice that best completes the statement or answers the question.
 
 
Use the payroll statement.
NAME
       
Al Smith
PAY ENDING
PAY DATE
DEPARTMENT
NET PAY
EARNINGS STATEMENT
5/31
5/31
401
2441.87
HRS
RATE
AMOUNT
PAYROLL TAX WITHHELD
174
19.25
3349.50
FEDERALSOC. SEC.HEALTH INS.MEDICARE401K
   
430.35
199.58
130.54
46.67
100.49
   
YEAR TO DATE
YTD GROSS PAYGROSS PAYFEDERALSOC. SEC.HEALTH INS.MEDICARE401K
16747.50
3349.50
2151.75
997.90
652.70
233.35
502.45
          
 
EMPLOYEE ID NO.
   
DEPT.
CHECK NO.
PAY DATE
 
 
390-9247
PAYROLL CHECK
401
13725
5/31
 
          
 PAY EXACTLY***TWO THOUSAND FOUR HUNDRED FORTY ONE AND 87/100***DOLLARS 
          
 
PAY TO
 Al Smith  AMOUNT
***2441.87
 
 
THE
 198 Any Street      
 
ORDER OF
 My Town, FL 33622nar002-1.jpg 
          
 

 1. 

What’s Al’s hourly wage?
a.
$2441.87
c.
$40,194.00
b.
$3349.50
d.
$19.25
 

 2. 

What is Al’s gross pay for April?
a.
$2441.87
c.
$19.25
b.
$3349.50
d.
$40,194.00
 

 3. 

How often does Al get paid?
a.
once a month
c.
every 2 weeks
b.
twice a month
d.
once a week
 

 4. 

What percent does Al pay for Social Security tax?
a.
1.45%
c.
12.1%
b.
7%
d.
6.2%
 

 5. 

What percent does Al pay for Medicare tax?
a.
1.45%
c.
6.2%
b.
7%
d.
12.1%
 

Short Answer
 
 
You own a bookstore. A customer uses a credit card to pay the total shown on the receipt.

SALE:
$40.00
STATE TAX:
$  2.40
COUNTY TAX:
$  0.40
TOTAL:
$42.80
 

 1. 

How much money is sent to the county?
 

 2. 

Your annual gross pay is $17,500.  You contribute 2% of your gross pay to your 401(k) and 5% pays for health insurance. You pay 12.8% for federal income tax. What amount of federal income tax do you pay?
 



 
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