he timesheet of employee Stevens shows that he worked 44 hours during a 40 hour work week. On the Sunday and Saturday he worked 2 hours overtime respectively. The normal overtime remuneration (1½ x normal hourly rate) and the double overtime remuneration (2 x normal hourly rate) are paid. His normal wage is N$60 per hour. Medical and pension fund contributions (14% and 20% of normal wages respectively) are paid on a 60:40 basis by employer and employee. PAYE (25% of taxable income) is the only other deduction being made.  Calcu

PAYROLL ACCT.,2019 ED.(LL)-TEXT
19th Edition
ISBN:9781337619783
Author:BIEG
Publisher:BIEG
Chapter2: Computing Wages And Salaries
Section: Chapter Questions
Problem 12PB
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The timesheet of employee Stevens shows that he worked 44 hours during a 40 hour work week. On the Sunday and Saturday he worked 2 hours overtime respectively. The normal overtime remuneration (1½ x normal hourly rate) and the double overtime remuneration (2 x normal hourly rate) are paid. His normal wage is N$60 per hour. Medical and pension fund contributions (14% and 20% of normal wages respectively) are paid on a 60:40 basis by employer and employee. PAYE (25% of taxable income) is the only other deduction being made. 

Calculate net earnings to the nearest whole number of Stevens for the week.

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