Monday February 27, 2017 Check for H&R Block Budget Challenge

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Monday February 27, 2017 **Check email for H&R Block Budget Challenge** Complete the hourly/overtime table below

Tuesday February 28, 2017 **Check email for H&R Block Budget Challenge** 1) Richard Klein works as an auto mechanic and earns the following commission rates: 3% for oil changes, 5% percent for tune-ups, and 6.25% on auto parts sales. He is guaranteed a minimum salary of $2,450.00 per month. Last month he brought in $2,500.00 in oil changes, $4,500.00 in tune-ups, and sold $28,200.00 in parts. What is his gross pay for the month?

March 1, 2017 **Check email for H&R Block Budget Challenge** 1) Mitchell Gomez is an auto mechanic. He earns a base salary of $2,000 per month. In addition, he receives the following graduated commissions: 2 percent for the first $5,000 in repairs and 3 percent over $5,000. If he exceeds $10,000 in repairs, he is given a $500 bonus. What is Gomez’s total pay for the month if he does $10,125 in repairs?

March 2, 2017 **Check email for H&R Block Budget Challenge** Using the Single Persons—Weekly table, find the amount withheld for federal income tax. Weekly income: $478.77; 4 allowances. 2) Weekly income: $394.74; 1 allowance. Using the Married Persons—Weekly table, find the amount withheld for federal income tax. 3) Weekly income: $615.88; 3 allowances. 4) Weekly income: $521.37; 2 allowances.

March 3, 2017 **Check email for H&R Block Budget Challenge** 1)Sam is married, earns $428.95 per week, and claims 2 allowances—1 for himself and 1 for his wife. Find the amount withheld for federal income tax. 2) Jackie is a single mother who claims 3 allowances—1 for herself and 1 for each of her two children. She earns $491.00 per week. Find the amount withheld from her paycheck for federal income tax.