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Question - Bettalyn Company had the following employees and the payroll data made from time ticket for the month ended June 30 pertaining to Job#10:
Employees Name
Overtime hours
Basic Pay
Betta1
8
P28,000
Betta2
20
P18,400
Betta3
32
P17,920
Employee Name
SSS
PHIC
HDMF
Union Dues
1,125.00
490.00
100.00
150.00
832.50
322.00
810.00
313.60
All employees completed the 160 hours per month plus overtime hours. All employees received an additional rate of one-half (50%) for overtime hours based on the regular rate.
Required -
1. Calculate the total hours worked by all employees.
2. How much is the total gross pay of all employees?
3. How much is the taxable income of employee Betta2?
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