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After selection of an Employee, the Human Resource Department decide the following salary breakup.  Employee Base pay =     Rs.17 (Per Regular hrs.)  + Rs.50 (Per Week Bonus) Employee working hrs. Per Week = 60hrs (40 regular hrs.  20 overtime hrs.)   Case # 01  So: Calculate the actual regular pay rate per hour. Calculate the overtime rate per hour. Calculate the Total pay for a month.

After selection of an Employee, the Human Resource Department decide the following salary breakup.  Employee Base pay =     Rs.17 (Per Regular hrs.)  + Rs.50 (Per Week Bonus) Employee working hrs. Per Week = 60hrs (40 regular hrs.  20 overtime hrs.)   Case # 01  So: Calculate the actual regular pay rate per hour. Calculate the overtime rate per hour. Calculate the Total pay for a month.

College Accounting, Chapters 1-27
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter8: Payroll Accounting: Employee Earnings And Deductions
Section: Chapter Questions
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Q1.

After selection of an Employee, the Human Resource Department decide the following salary breakup. 

Employee Base pay =     Rs.17 (Per Regular hrs.)  + Rs.50 (Per Week Bonus)

Employee working hrs. Per Week = 60hrs (40 regular hrs.  20 overtime hrs.)

 

Case # 01

 So:

  1. Calculate the actual regular pay rate per hour.
  2. Calculate the overtime rate per hour.
  3. Calculate the Total pay for a month.

 

Q2.

If the Basic Salary of the employee is Rs.12000

Calculate the Total Gross Remuneration of that particular employee.

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