problem below. Then do the activities as indicated. Use a separate sheet of раper. Lexley works in a toy factory. She receives a daily rate of Php 400 on regular days (Monday to Friday). If the factory pays 125% of hourly wage for overtime work and 130% on rest day, compute for her gross earnings last week given that she worked on the following days. Monday - 8 hours Wednesday 10 hours Friday- 12 hours Tuesday - 12 hours Thursday - 10 hours Saturday - 8hours Questions: 1. How much is Lexley's regular hourly rate? 2. Compute for the total number of hours worked on regular days. 3. Do you need to add 8 hours on Saturday for the total number of hours on regular days? Why?

PAYROLL ACCT.,2019 ED.(LL)-TEXT
19th Edition
ISBN:9781337619783
Author:BIEG
Publisher:BIEG
Chapter2: Computing Wages And Salaries
Section: Chapter Questions
Problem 1PB
icon
Related questions
Question

PLEASE ANSWER THEM ALL CORRECTLY FOR AN UPVOTE AND POSITIVE RATINGS. THANK YOU.

 

 

Direction: Refer to the problem below. Then do the activities as indicated. Use a separate sheet of
paper.
Lexley works in a toy factory. She receives a daily rate of Php 400 on regular days (Monday
to Friday). If the factory pays 125% of hourly wage for overtime work and 130% on rest day,
compute for her gross earnings last week given that she worked on the following days.
Monday - 8 hours Wednesday - 10 hours Friday - 12 hours
Tuesday - 12 hours Thursday - 10 hours Saturday -8hours
Questions:
1. How much is Lexley's regular hourly rate?
2. Compute for the total number of hours worked on regular days.
3. Do you need to add 8 hours on Saturday for the total number of hours on regular days? Why?
4. How many hours will be paid at a regular hourly rate?
5. How much is her regular pay for the week (without overtime)?
6. How many hours is her overtime on regular days?
7. How much is her overtime on regular days?
8. How much is her income on her rest day?
9. What are you going to add in order to compute her gross earnings for the week?
10. How much is her gross earnings for the week?
Transcribed Image Text:Direction: Refer to the problem below. Then do the activities as indicated. Use a separate sheet of paper. Lexley works in a toy factory. She receives a daily rate of Php 400 on regular days (Monday to Friday). If the factory pays 125% of hourly wage for overtime work and 130% on rest day, compute for her gross earnings last week given that she worked on the following days. Monday - 8 hours Wednesday - 10 hours Friday - 12 hours Tuesday - 12 hours Thursday - 10 hours Saturday -8hours Questions: 1. How much is Lexley's regular hourly rate? 2. Compute for the total number of hours worked on regular days. 3. Do you need to add 8 hours on Saturday for the total number of hours on regular days? Why? 4. How many hours will be paid at a regular hourly rate? 5. How much is her regular pay for the week (without overtime)? 6. How many hours is her overtime on regular days? 7. How much is her overtime on regular days? 8. How much is her income on her rest day? 9. What are you going to add in order to compute her gross earnings for the week? 10. How much is her gross earnings for the week?
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Bond Credit Rating
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
PAYROLL ACCT., 2019 ED.(LL)-TEXT
PAYROLL ACCT., 2019 ED.(LL)-TEXT
Accounting
ISBN:
9781337619783
Author:
BIEG
Publisher:
CENGAGE L