Solution-How much is total liability to be recognized on

How much is total liability to be recognized on september

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Reference no: EM132743036

Considering that factory - employee (machine operator) was employed since January 1, 2020, and the monthly rate of this employee is P40,000.00, thus an hourly rate of P230. Employee is paid every 5th of the following month for the whole prior month worked.

Given the following, for the month of September 2020.
Employee has 1 day absent for the month of September
Employee rendered 5 hours overtime as required by the client to accomplish the order ASAP.
Overtime premium is 25%

Use the LATEST contribution tables of SSS, Philhealth, Pag-ibig and Withholding Tax, of the Philippines

Problem 1: How much is the total liability to be recognized on September 30, 2020?

Option 1: 41,850

Option 2: 39,598

Option 3: 41,438

Option 4: 40,000

Reference no: EM132743036

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How much is total liability to be recognized on september : Considering that factory - employee (machine operator) was employed, How much is the total liability to be recognized on September 30, 2020?

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How much is total liability to be recognized on september

Reference no: EM132743036

Reference no: EM132743036

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