Question: Question Two - Basic Payroll Calculation (25 marks) Calculate the net pay based on the given scenarios: Scenario 1: Mr. Will Smith is an

Question Two - Basic Payroll Calculation (25 marks) Calculate the net pay

Question Two - Basic Payroll Calculation (25 marks) Calculate the net pay based on the given scenarios: Scenario 1: Mr. Will Smith is an Accountant at the ABC Ltd company, Nadi, Fiji. The pay details are as follows: Annual income - $45,000 Normal working hours - 40 hours per week He is a resident of Fiji Payroll process monthly wages Deductions Required: o FNPF PAYE (if applicable) Calculate net monthly salary of Mr. Will Smith. Show all necessary working. (4 marks)

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