Name_____________________________Date____________________Period________

Banking and Finance

Lesson 6-1 Quiz
Review Terms
Directions: Define each of the following terms.
1. Gross Pay _________________________________________________
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2. Hourly Rate _______________________________________________

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3. Overtime _________________________________________________
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Apply Your Knowledge

4. You earn $6.50 per hour and work 30 hours this week. What is your
regular gross pay for the week?

5. Carla Jackson is a mail clerk. She earns $8.40 per hour. Last week she
worked 40 hours, and this week she worked 39½ hours. What is her
regular gross pay for last week? What is her regular gross pay for this
week?

6. Devon Price is a machine operator at the Donovan Manufacturing

Corporation. He works 37.875 hours per week and earns $9.7555 per
hour. What is his regular gross pay each week?
Name_____________________________Date____________________Period________

Banking and Finance

Lesson 6-1 Quiz
7. Steven Kellogg, a machine operator, works at an hourly rate of $10.60
and earns time and a half if he works any overtime. Given this, last week
he worked 37 hours plus 8 hours overtime. What is his regular gross
pay? What is his overtime pay? What is his total pay?

8. Dorothy Kaatz, a computer programmer, earns a regular hourly rate of

$15.25 and earns time and a half when she works overtime. Kaatz
usually works 40 regular hours and 12 hours overtime while she’s trying
to update the company’s systems before the month’s end. What is her
regular gross pay? What is her overtime pay? What is her total pay?

9. Tamara Haskins is paid $8.00 an hour for a regular 35-hour week. Her
overtime rate is 1½ times her regular hourly rate. This week Haskins
worked her regular 35 hours plus 8 hours of overtime. What is her total
pay?

10. As a case manager, Bonnie Harper earns $13.47 an hour plus time and a
half for weekend work. Last week she worked her regular 40 hours plus
8 hours of overtime on the weekend. What is her total pay for the week?