Calculate the labour cost to Ascot Manufacturers in respect of S. Mbeki for the week ended...

 

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Calculate the labour cost to Ascot Manufacturers in respect of S. Mbeki for the week ended 29 October 2022. INFORMATION (6 marks) Project H of Ascot Manufacturers is involved in the manufacture of laptops and it has a five-day working week of 8 hours per day. Overtime is paid at a rate of normal tariff plus 50%, and work on Sundays and public holidays is paid at normal tariff plus 100%. The actual hours that S. Mbeki worked for the week ending 29 October 2022 are as follows: Day Sunday Monday Tuesday Wednesday Thursday Friday Saturday Hours 3 6 8 8 10 8 5 Additional information: Normal hourly wage Pension fund based on normal remuneration: Employer's contribution R150 per hour 9% Employee's deduction Medical aid fund: Employer's contribution Employee's deduction Unemployment insurance fund based on gross remuneration: Employer's contribution Employee's deduction Income tax calculated on taxable income 7.5% R900 per week R600 per week 1% 1% 18% Calculate the labour cost to Ascot Manufacturers in respect of S. Mbeki for the week ended 29 October 2022. INFORMATION (6 marks) Project H of Ascot Manufacturers is involved in the manufacture of laptops and it has a five-day working week of 8 hours per day. Overtime is paid at a rate of normal tariff plus 50%, and work on Sundays and public holidays is paid at normal tariff plus 100%. The actual hours that S. Mbeki worked for the week ending 29 October 2022 are as follows: Day Sunday Monday Tuesday Wednesday Thursday Friday Saturday Hours 3 6 8 8 10 8 5 Additional information: Normal hourly wage Pension fund based on normal remuneration: Employer's contribution R150 per hour 9% Employee's deduction Medical aid fund: Employer's contribution Employee's deduction Unemployment insurance fund based on gross remuneration: Employer's contribution Employee's deduction Income tax calculated on taxable income 7.5% R900 per week R600 per week 1% 1% 18%

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Answer To calculate the labor cost for S Mbeki for the week ended 29 October 2022 we need to conside... View the full answer