The timesheet of employee Stevens shows that he worked 44 hours during a 40 hour work week. On the Monday and Sunday he worked 2 hours overtime respectively. The normal overtime remuneration (1½ x normal rate) is paid.his normal wage is N$6 per hour. Medical and pension fund contributions (6% and 10% of normal wages respectively) are paid on a 50:50 basis by employer and employee. PAYE (12% of taxable income) is the only other deduction being made. Assume that a year consists of 52 worksheet that Stevens gets 3 weeks holiday leave per year and the enterprise is closed for eight (8) public holidays during the year. Normal idle time is budgeted as 7 1/2%and a holiday bonus equal to 3 weeks wages is paid. Calculate the total productive hours for the year to the nearest whole nearest whole number
The timesheet of employee Stevens shows that he worked 44 hours during a 40 hour work week. On the Monday and Sunday he worked 2 hours overtime respectively. The normal overtime remuneration (1½ x normal rate) is paid.his normal wage is N$6 per hour. Medical and pension fund contributions (6% and 10% of normal wages respectively) are paid on a 50:50 basis by employer and employee. PAYE (12% of taxable income) is the only other deduction being made. Assume that a year consists of 52 worksheet that Stevens gets 3 weeks holiday leave per year and the enterprise is closed for eight (8) public holidays during the year. Normal idle time is budgeted as 7 1/2%and a holiday bonus equal to 3 weeks wages is paid. Calculate the total productive hours for the year to the nearest whole nearest whole number
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