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The following information of a manufacturing company as regards to additional compensation to its 48 employees are as follows:
Number of working weeks 48
Vacation weeks 4
Holidays 10
Annual bonus (for all 48 employees) P592,560
Daily salary per employee P600
Question 1: The company is entitling all employees with bonus, vacation and holiday pays. Assume that the regular working days per week are 5 days, calculate the following (on a weekly basis):
1. Vacation pay
2. Bonus pay
3. Holiday pay
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