The data below pertains to the earnings of Juan Manuel for the week ended June 15, 2020: Hours and rate                               42 hours worked P40/hr Earnings to date                             P14.00 Overtime rate                                 1 and 3/2 times the regular rate for hours                                                              worked in excess of 40 hours Withholding tax                             3% of gross earnings SSS contributions                           2% of gross earnings Phil.Health contributions              1% of gross earnings Pag-ibig contributions                    1% of gross earnings   What is net pay for Juan Manuel for the week?

PAYROLL ACCT.,2019 ED.(LL)-TEXT
19th Edition
ISBN:9781337619783
Author:BIEG
Publisher:BIEG
Chapter2: Computing Wages And Salaries
Section: Chapter Questions
Problem 13PA: Barbara Ripa receives 695 for a regular 40-hour week and time and one-half for overtime. For a...
icon
Related questions
Question
100%
  1. The data below pertains to the earnings of Juan Manuel for the week ended June 15, 2020:

Hours and rate                               42 hours worked P40/hr

Earnings to date                             P14.00

Overtime rate                                 1 and 3/2 times the regular rate for hours

                                                             worked in excess of 40 hours

Withholding tax                             3% of gross earnings

SSS contributions                           2% of gross earnings

Phil.Health contributions              1% of gross earnings

Pag-ibig contributions                    1% of gross earnings

 

What is net pay for Juan Manuel for the week?

Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
PAYROLL ACCT., 2019 ED.(LL)-TEXT
PAYROLL ACCT., 2019 ED.(LL)-TEXT
Accounting
ISBN:
9781337619783
Author:
BIEG
Publisher:
CENGAGE L
Corporate Financial Accounting
Corporate Financial Accounting
Accounting
ISBN:
9781305653535
Author:
Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:
Cengage Learning
College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub
College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781305084087
Author:
Cathy J. Scott
Publisher:
Cengage Learning
College Accounting, Chapters 1-27
College Accounting, Chapters 1-27
Accounting
ISBN:
9781337794756
Author:
HEINTZ, James A.
Publisher:
Cengage Learning,
College Accounting, Chapters 1-27 (New in Account…
College Accounting, Chapters 1-27 (New in Account…
Accounting
ISBN:
9781305666160
Author:
James A. Heintz, Robert W. Parry
Publisher:
Cengage Learning