Mr. Jones, an employee of Morgan & Bennett Co., is employed on a 40-hour week basis, with time and a half for overtime. The regular rate paid this employee is $13.20 per hour. During the week of January 4 Jones worked 46 hours. The following deductions were made from his gross pay: 6.25% for FICA tax, $38.30 for federal withholding tax, $10.50 for disability benefits insurance, $15 for state withholding tax, and $10 for United Way contribution. What will be the take-home pay for Mr. Jones?

🎲 Try a Random Question  |  Total Questions in Quiz: 100  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Business Math Exam — practice the complete quiz, review flashcards, or try a random question.

A (U.S.) business math course typically includes a review of elementary arithmetic, including fractions, decimals, and percentages. Elementary algebra is often included as well, in the context of solving practical business problems.


Mr. Jones, an employee of Morgan & Bennett Co., is employed on a 40-hour week basis, with time and a half for overtime. The regular rate paid this employee is $13.20 per hour. During the week of January 4 Jones worked 46 hours. The following deductions were made from his gross pay: 6.25% for FICA tax, $38.30 for federal withholding tax, $10.50 for disability benefits insurance, $15 for state withholding tax, and $10 for United Way contribution. What will be the take-home pay for Mr. Jones?