Here are two word problems.
Johnny's Problem
Johnny works at the race track as a cashier. He makes $ 14 per hour, and has worked 72, 80, and 74 hours during the last three pay periods. He is paid biweekly and doesn't have any benefits. He also served in the military, and has a military disability rating, so he receives $ 340.00 per month in Veterans Administration Benefits. What is his average gross monthly income?
Katie's Problem
Katie is a stay-at-home mom but she has a business on the side. She makes bows for cheerleaders and does some tailoring for clients across the Oklahoma City Metro with the assistance of two part-time employees. She had been doing this for two and half years, and for the past year she grossed $ 45,800 and the year before $ 38,700. Her expenses have been the same for each year, at $ 12,000 in wages and employee related expenses, and $ 2,500 in materials, telephone and home office supplies. She also wrote off $ 600.00 in depreciation for each year on her taxes. She is married, and her husband, a police officer, makes $ 36,000 a year. What is her average gross monthly income?
Johnny's Problem
Johnny works at the race track as a cashier. He makes $ 14 per hour, and has worked 72, 80, and 74 hours during the last three pay periods. He is paid biweekly and doesn't have any benefits. He also served in the military, and has a military disability rating, so he receives $ 340.00 per month in Veterans Administration Benefits. What is his average gross monthly income?
Katie's Problem
Katie is a stay-at-home mom but she has a business on the side. She makes bows for cheerleaders and does some tailoring for clients across the Oklahoma City Metro with the assistance of two part-time employees. She had been doing this for two and half years, and for the past year she grossed $ 45,800 and the year before $ 38,700. Her expenses have been the same for each year, at $ 12,000 in wages and employee related expenses, and $ 2,500 in materials, telephone and home office supplies. She also wrote off $ 600.00 in depreciation for each year on her taxes. She is married, and her husband, a police officer, makes $ 36,000 a year. What is her average gross monthly income?
No comments:
Post a Comment