What is the total amount charged to FOH

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Question - Ms. Jacky, a production worker earns P 14,904 a month, and the company pays one month's salary as bonus at the end of the year. Ms. Jackie is entitled to a half month paid vacation. The company also pays, P2,070 a year into a pension fund of a worker. All labor-related fringe benefits of production workers are treated as FOH. Bonus, vacation pay, and pension costs are charged to production during the 11 ½ months the employee is at work. What is the total amount charged to FOH and treated as a liability?

Reference no: EM132945563

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