courses › Bookkeeping

Gross pay, overtime, deductions, and pay periods, using stated made-up rates.

Pen and paper is fine · no calculator needed why?

Learn first (about 3 minutes)

Opens at level 29.

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skills · practice stats

From rounds of this course only: box, review and trial answers are left out. Once a skill has 40 tries, it compares your first 20 tries with your last 20.

• Gross pay with overtime par 20 s not tried yet

  worked example

  An employee earns $28 an hour and works 42 hours this week. Assume hours over 40 are paid at 1.5 times the rate. What is gross pay?

  Answer: $1,204.00

  1. Regular: 40 × $28 = $1,120. Overtime: 2 × $42 = $84.
  2. Total: $1,120 + $84 = $1,204.

• Net pay after deductions par 19 s not tried yet

  worked example

  Gross pay is $3,050. Assume 10% of gross pay is withheld for taxes, plus $190 for health insurance. What is net pay?

  Answer: $2,555.00

  1. Taxes: $3,050 × 10% = $305.
  2. Net pay = $3,050 − $305 − $190 = $2,555.

• Salary to hourly par 16 s not tried yet

  worked example

  A salary of $86,320 a year for a 40-hour week is how much per hour? (Use 2,080 hours a year: 40 × 52.)

  Answer: $41.50

  1. $86,320 ÷ 2,080 = $41.50 an hour.
  2. Quick check: halve the salary and drop three zeros: about $43.

• Pay per paycheck par 13 s not tried yet

  worked example

  An annual salary of $33,280 is paid weekly (52 paychecks a year). What is gross pay per paycheck?

  Answer: $640.00

  1. $33,280 ÷ 52 = $640 per paycheck.

rest ladder

Win 3 of your last 4 rounds and the course rests. A win is 90% right, within 2× the round's par. Pass the review when it comes back and the next rest is longer.

1. 1 day
2. 3 days
3. 7 days
4. 14 days
5. 30 days
6. 60 days
7. mastered · every 90 days

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