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Wage Calculations

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5 diapositives · 199 Views · Jul 07, 2014

Calculations of weekly and annual wages for different income scenarios, including fixed salaries, hourly wages, piecework, and commission-based earnings. It covers examples involving an employee's gross income, how to derive their weekly wages without commissions, and the calculation of commission rates based on sales figures. This resource is ideal for understanding wage structures in various job settings, focusing on both salary and performance-based compensation.

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Wage Calculations
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  1. Wage Calculations

  2. 1. John earns $33,200 a year plus commission. One week he grossed $825. He had sold $3500 worth of merchandise. • A) How much does he make per week not including commission. • B) How much did he make in commission? • C) What is his rate of commission?

  3. 2. Calculate how much each person makes. Round your answers to the nearest cent. • A) Sally's job pays her $4,625 per month. What is her gross average weekly wage? • B) What is her yearly wage? • C) Jim grosses $28,095 a year. What is his gross weekly wage? • D) Jim drives a truck for $13.85 an hour. If he worked 38 hours, what would be his gross earnings for one week? • E) What would his gross earning for one week be if Sue worked 42 hours?

  4. Piece Work • A) Sam gets paid 29cents a tree for tree planting in northern Maine. In one week she planted 1894 trees. What is her wage? • B) A seamstress is paid $12.50 for every pair of pants made. How many pants would have to be made to receive $620 a week?

  5. Commission • A) A real estate agent earns 3.8% on the sale of a house priced at $329,960.00. How much does she earn on that house? • B) A salesperson sells $2682 worth of merchandise in one day. From working on commission his gross pay for that day was $149.67. What is his rate of commission?