Beruflich Dokumente
Kultur Dokumente
1
***DO NOT WRITE ON TEST***
J. Otto $76,432 12
11) Find the Social Security taxes (6.2% up to $80,400) withheld per pay period.
12) Find the Medicare taxes (1.45%) withheld per pay period.
14) Sabrina West has been keeping track of her parent’s living expenses. The total monthly expenses for
June, July, August, and September were $2,334.09, $2,567.33, $3,451.96, and $1,988.78, respectively.
Find the average monthly expenditure.
a) $2,585.53 b) $2,585.50 c) $2,585.54 d) $2,584.54
15) Add the following fixed expenses of Keri and Michael Kojima to find their total monthly fixed
expenses.
a) $ 1,566.00 b) $2,655.00 c) $1,656.00 d) $1,348.00
Monthly Fixed Expenses
Rent/mortgage payment $900.00
Car payment/lease 448.00
Other Installments
Furniture 147.00
Computer 86.00
Regular Saving 25.00
Emergency fund 50.00
Total ____$________
16) Here is the August expense summary for the Chavez family: Electricity: budgeted $110, spent $113.81.
Telephone: budgeted $40, spent $35.66. Heating fuel: budgeted $50, spent $18.45. Water: budgeted $35,
spent $42.76. Cable TV: budgeted $39.95, spent $39.95.
a) Which household expenses were more than budgeted?
b) Which household expenses were budgeted less?
c) Did the Chavez family spend more or less than the amount budgeted for August? By how much?