How much is the total amount of deductions

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Question - The books of accounts of MORENO's Company showed the following:

Fringe benefits expense P750,000

Fringe benefits tax expense 76,470

Required -

1 - How much is the grossed-up monetary value of the fringe benefits given to managers and supervisors?

2 - How much is the monetary value of fringe benefits given to managers and supervisors?

3 - How much is the value of the fringe benefits given to rank and file?

4 - How much is the total amount of deductions?

Reference no: EM133095792

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