Help I need these answered and numbered please unit 1

UNIT 1 TEST STUDY GUIDE 1. How many paychecks does an employee who is paid monthly get? ' 2. How many paychecks does an employee who is paid semi-monthly get? 3. How many paychecks does an employee who is paid bi-weekly get? 4. How many paychecks does an employee who is paid weekly get? 5. An employee is paid a salary of $60,000, how much are their paychecks: a. Monthly? b. Semi-monthly? c. Bi-weekly? d. Weekly? 6. How many hours is considered full time? 7. If you worked full time, all year, how many hours would you work in a year? 8. What is over-time rate? 9. If an employee normally makes $13.50, what is their overtime rate? 10. Can you make overtime with a salary job? 1 1. If an employee worked 50 hours with a regular hourly rate of $10, how much would their paycheck for the week be? 12. List the benefits of employment. 13. What are the examples of commission employees? 14. If a real estate agent makes 11% of all their sales and they sold homes at $305,000; $41 1,900; and $828,000; What should the real estate agent expect to make from the sales? 15. Explain Social Security. 16. Explain Medicare. 17. What is a Maximum Taxable Income and what is it used for? 18. What is FICA and what does it stand for? 19. Shelby has a job making $17.50/hour and works 30 hours per week. Her employer would like to put her on a salary of $28, 100. How much more money would Shelby make per year if she took the salary option? 20. Cameron gets paid $5.00 for each oil change he performs. He also gets 20% commission from any products he sells. In August, Cameron sells $6,600 worth of products and performs 120 oil changes. How much did Cameron make in August? 21. Jill makes $600,000 in 2019. Social Security is 6.2% with a maximum taxable income o $132,900. Medicare is 1.45%. What is Jill's total FICA taxes? 22. Anna has been working at her current job for 7 years and 2 months. She receives 2 sick days per month of Paid Time Off. She also gets 1 week of vacation (5 days) at her year anniversary. Anna has used a total of 23 vacation/sick days. How many does she have remaining