3.
Amy Woods is a senior manager in charge of production. Her salary is $51,200. The company is giving all employees a 3.5 percent cost-of-living increase, and her supervisor is planning to award her with a merit increase of 7 percent for all her hard work on a project. What will her salary be for the coming year?
A) $45,475
B) $51,000
C) $56,576
D) $23,009
4.
Janette Bryant is a senior manager in charge of production. Her salary is $20,800. The company is giving all employees a 3.5 percent cost-of-living increase, and her supervisor is planning to award her with a merit increase of 7 percent for all her hard work on a project. What will her salary be for the coming year?
A) $45,475
B) $51,000
C) $56,576
D) $22,984
5.
Valeria Barnes earns an annual gross pay of $42,000. She gets $14,000 in total benefits. What is the rate of benefits?
A) 45.8%
B) 33.3%
C) 34.9%
D) 22.5%
6.
Peter Mann earns an annual gross pay of $55,000. He gets $17,000 in total benefits. What is the rate of benefits?
A) 30.9%
B) 29.1%
C) 32.8%
D) 31.9%
7.
Portia Sowder is a truck driver with an annual salary of $45,600. Her benefits include $1,650 for vacation, $1,400 for health insurance, $2,098 for unemployment insurance, $2,827 for Social Security, and $661 for Medicare. What is the rate of benefits?
A) 18.9%
B) 31.3%
C) 22.5%
D) 21.1%
8.
Feng-Lin Fong had worked at the University Medical Center for 20 years when she became permanently disabled while at work. She could not continue to work. Fong was 55 years old and had planned to retire in 10 years at age 65. Her final average salary is $76,908. The hospital’s rate of benefits is 2 percent. What is her annual disability benefit?
A) $36,459.33
B) $46,144.80
C) $20,258.33
D) $29,457.00
9.
Suela Baez had worked for Sun High School as an administrator for 33 years when she suffered a disabling heart attack. She was 56 at the time and planned to retire at 62. Her final salary was $90,000, and her rate of benefits was 1.5 percent. What is her annual disability benefit?
A) $51,901.36
B) $52,650.00
C) $51,908.15
D) $52,853.98
10.
Ken Lum worked at the Glass Shack for 30 years. An injury while working disabled him. He is unable to work. Ken is not married and does not have any dependents. If he qualifies for Supplemental Security Income, what will be his annual disability benefit?
A) $6372
B) $7961
C) $5630
D) $6313
11.
Mike Recer worked at the BMI for 33 years. An injury while working disabled him. He is unable to work. Ronald is not married and does not have any dependents. If he qualifies for Supplemental Security Income, what will be his annual disability benefit?
A) $6372
B) $7963
C) $5630
D) $6315
12.
The base rate for workers compensation insurance for customer service representatives in insurance agencies in one state is $4.56 per $100 paid to employees. The total monthly payroll for an insurance agency is $14,400. What is the total annual premium for workers compensation insurance?
A) $4.56
B) $4,656.00
C) $7,879.68
D) $65,664.00
13.
The base rate for workers compensation insurance for customer service representatives in insurance agencies in one state is $2.24 per $100 paid to employees. The total monthly payroll for an insurance agency is $16,000. What is the total annual premium for workers compensation insurance?
A) $4,300.80
B) $4,530.00
C) $4,634.41
D) $497.00
14.
Vinyl-Pro specializes in insulating residential homes. They generally work from March through October. In November they lay off five of their employees. Vinyl-Pro pays a state unemployment tax of 4.7 percent on the first $7,000 of each employee’s annual wage. If an employee earned $21,000 annually, what is the amount of the state unemployment tax for one employee?
A) $329.00
B) $530.00
C) $634.41
D) $497.00
15.
The base rate of Worker’s Compensation insurance at Melvin’s Convinence Store is $8.23 per $100 paid to employees. The total payroll is $8,345. Find the premium.
A) $620.00
B) $686.79
C) $524.00
D) $498.67
16.
In Virginia, the current unemployment tax rate is 2.7% of the first $7,000 of taxable wages. Find the maximum state unemployment tax amount
A) $366
B) $238
C) $302
D) $189

