RRumba Ltd is a small company based in St$.$ Ann, Jamaica. They currently employ ten people.They are seeking to calculate their payroll costs for the month of December $2023.$Sasha, the supervisor, receives a basic pay of $$32,000$ per week as well as a monthly uniformallowance of $$3,100$ and monthly material aid of $$2,600.$ She worked $7$ hours overtime duringthe month. Marvia, Rika and David are administrative assistants. Each is paid a basic pay of$$540$ per hour. They all work $40$ hours per week. In addition to their normal hours, Marviaworked $12$ hours overtime during the month, while David worked $3$ hours overtime.There are four salespersons in the firm. Their sales report for the previous month is as follows: Keisha $-$ $$760,000$ Shelly $-$ $$1,380,000$ Craig $-$ $$990,000$ Malik $-$ $$1,060,000$Each salesperson is paid a basic pay of $$54,500$ per month, a travelling allowance of $$12,100$ permonth, an entertainment allowance of $$5,000$ per month, and a monthly sales commission of $8\%$of the previous month's sales.Rovan is the accountant. His basic pay is $$76,875$ per fortnight. He receives a monthly materialaid allowance of $$9,300.$ Shawn is the CEO. His annual basic pay is $$4,730,000.$ He alsoreceives the following monthly allowances: entertainment of $$14,000,$ travelling of $$10,800,$ andhousing of $$6,500.$Additional notes: The overtime rate is $$1,400$ per hour All employees contribute $5\%$ of basic pay toward a pension fund All employees pay $1\%$ of basic pay toward group health insurance All employees, except the CEO, contribute $0\mathrm{.}5\%$ of basic pay to a staff saving plan The company contributes equal amounts towards pension and health insurance All statutory returns, including HEART$/$NSTA Trust, are paid over monthlyREQUIRED:Prepare Rumba Ltds payroll.All income must be calculated on a monthly basis. All calculations must be done to $2$ decimalplaces. The template outlined in the lecture material must be adhered to$.$

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RRumba Ltd Payroll for December 2023 Employees Sasha Basic Pay 32000524 615385 Overtime pay 7hrs 1400 9800 Uniform allowance 3100 Material aid 2600 Pe... View the full answer