Bettalyn Company had the following employees and the payroll data made from time ticket for the...
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Bettalyn Company had the following employees and the payroll data made from time ticket for the month ended June 30 pertaining to Job#10: Employees Name Betta1 Betta2 Betta3 Employee Name Betta1 Betta2 Betta3 SSS 1,125.00 832.50 810.00 Overtime hours 8 20 32 PHIC 490.00 322.00 313.60 HDMF Required: - Calculate the total hours worked by all employees. - How much is the total gross pay of all employees? - How much is the taxable income of employee Betta2? 100.00 100.00 100.00 Basic Pay P28,000 P18,400 P17,920 Union Dues 150.00 150.00 150.00 All employees completed the 160 hours per month plus overtime hours. All employees received an additional rate of one-half (50%) for overtime hours based on the regular rate. Bettalyn Company had the following employees and the payroll data made from time ticket for the month ended June 30 pertaining to Job#10: Employees Name Betta1 Betta2 Betta3 Employee Name Betta1 Betta2 Betta3 SSS 1,125.00 832.50 810.00 Overtime hours 8 20 32 PHIC 490.00 322.00 313.60 HDMF Required: - Calculate the total hours worked by all employees. - How much is the total gross pay of all employees? - How much is the taxable income of employee Betta2? 100.00 100.00 100.00 Basic Pay P28,000 P18,400 P17,920 Union Dues 150.00 150.00 150.00 All employees completed the 160 hours per month plus overtime hours. All employees received an additional rate of one-half (50%) for overtime hours based on the regular rate.
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To calculate the total hours worked by all employees you need to add the overtime hours to the regul... View the full answer
Related Book For
Income Tax Fundamentals 2019
ISBN: 9781337703062
37th Edition
Authors: Gerald E. Whittenburg, Steven Gill
Posted Date:
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