Name: Julyzza Pisueña Grade and Section: 11 ABM - A

Name: Aislin Faith Sabusap

Name: Collyn Seballos
Name: Ijie Feb Tenerife

Performance Task
4TH QUARTER
Scaffold No. 1

Salary, Wage, Income, Benefits, Gross and Net Earnings

1. Complete the following payroll summary. Assume that time excess of 40 hours is paid OT.

Hourly Earnings
M T W Th F Reg. OT Gross
Employee Rate
A P10.50 8 8 7 1/2 10 10 1/2 P420.00 P42.00 P462.00
B P11.25 8 8 4 12 12 P450.00 P45.00 P495.00
C P12.75 10 10 10 8 P484.50 P0.00 P484.50

2. Using date in 91) above, compute for the gross earnings of A, B and C assuming that overtime is paid
for time in excess of 8 hours a day.

Employee Regular Overtime Gross Earnings

Earnings Earnings
A P414.75 P47.25 P462.00
B P405.00 P90.00 P495.00
C P408.00 P76.50 P484.50
3. E. Razon is a waiter at the Kalye Fiesta. His rest day is Wednesday. He is paid overtime in excess of
40 hours a week. His hourly rate is P13.75 for the week, he worked for 50 hours, excluding the 5 1/2
hours he rendered on Wednesday. His regular overtime premium is 25% and his holiday overtime
premium is 100%. Compute his gross earnings.

Given: Hourly rate – P13.75

Regular working hour per week – 40 hours
E. Razon’s working hour in that week – 50 hours
1
Holiday Overtime – 5 2 hours
Regular Overtime Premium – 25%
Holiday Overtime Premium – 100%
Required: Gross Earnings
Solution:
Hourly Rate Regular Working Hour Regular Overtime Holiday Overtime
P13.75 40 hours 10 hours 1
5 2 hours

a. Regular Pay = (P13.75)(40 hours)

= P550
b. Regular Overtime Pay = (10 hours)(P13.75)(1.25)
= P171.88
1
c. Holiday Overtime Pay = (5 2 hours)(P13.75)(2)
= P151.25
d. Gross Earnings = P550 + P171.88 + P151.25
= P873.13.

Conclusion: E. Razon’s gross earnings is P873.13.

4. C. Estefania is paid on an hourly basis. The company allows employees 15-minute grace period in the
morning. Office time begins at 8:00 a.m. and ends at 5:00 p.m. with one-hour lunch break and 15
minutes coffee break each in the morning and in the afternoon. An employee who comes after the 15-
minute grace period forfeits the same and deductions are made from his or her wage according to the
schedule given below. An overtime premium of 25% is given for regular overtime; 50% for Saturday
work; and double-time for Sundays and holidays. C. Estefanio’s hourly rate is P12.25.

16 minutes - 1/4 hour deduction

17 - 30 minutes - 1/2 hour deduction
31 - 45 minutes - 3/4 hour deduction
46 - 60 minutes - 1 hour deduction

C. Estefanio’s time card showed the following:

IN OUT IN OUT
MONDAY 8:01 12:00 1:05 7:00
TUESDAY 8:17 12:02 1:02 7:30
WEDNESDAY 8:45 12:05 1:00 5:00
THURSDAY 9:00 12:00 1:00 6:30
FRIDAY 8:24 12:01 12:59 5:01
SATURDAY 8:00 12:00

Compute for C. Estefanio’s earnings.

Given: 15 minutes – grace period in the morning
8:00 am – start of work in the morning
1:00 pm – start of work in the afternoon
Regular Overtime Premium – 25% of P12.25
Saturday Work Overtime Premium – 50% of P12.25
Sundays and Holidays Work Overtime Premium– 100% of P12.25
Required: C. Estefanio’s earnings
a. Regular Work Pay
b. Regular Overtime Pay
c. Saturday Overtime Pay
d. Deductions
Solution:

Regular Work Regular Overtime Saturday Overtime Deductions (Late)

Monday 8 hours 2 hours 0 hours
Tuesday 8 hours 1 1
2 hours hours
2 2
Wednesday 8 hours 0 hours 3
4
hours
Thursday 8 hours 1 1 hours
1 2 hours
Friday 8 hours 0 hours 1
hours
2
Saturday 4 hours
Total 40 hours 6 hours 4 hours 11
hours
4

a. Regular Pay = (40 hours)(P12.25)

= P490.00
v
b. Regular Overtime Pay = (6 hours)(P12.25)(1.25)
= P91.875
= P91.88
v
c. Saturday Overtime Pay = (4 hours)(P12.25)(1.5)
= P73.50
v
11
d. Deductions = ( hours)(P12.25)
4
= P33.6875
= P33.69
v
e. Gross Earnings = P490.00 + P91.875 + P73.50 – P33.6875
= P621.69
v
Conclusion: C. Estefanio’s earnings is P621.69.
a. His regular pay is P490.00.
b. His regular overtime pay is P91.88
c. His Saturday overtime pay is P73.50.
d. His deductions from being late is P33.69.
5. Vida M. works for a company that pays overtime for hours worked over 48 in a week. For regular
overtime (hours over 48 in a week), the company pays time and a half. For overtime on Sundays and
holidays, the company pays double-time. Compute for Vida M.’s earnings for the week detailing her
regular pay, her regular overtime pay, and her Sunday/holiday pay given the following:

Monday 8 HOURS
Tuesday 10 HOURS
Wednesday 12 HOURS
Thursday 8.5 HOURS
Friday 10.5 HOURS
Saturday 5 HOURS
Sunday 5 HOURS
Vida M. is paid P18.00/hour.

Given: Regular Working Hours Per Week – 48 hours

Regular overtime premium – 150%
Sundays / Holidays overtime premium – 200%
Hourly rate – P18.00
Required: a. Regular pay
b. Regular overtime pay
c. Sunday / Holiday overtime pay
d. Gross Earnings
Solution:
Monday 8 hours
Tuesday 10 hours
Wednesday 12 hours
Thursday 8.5 hours
Friday 10.5 hours
Saturday 5 hours
Total Working Hour 54 hours
Regular Working Hour 48 hours
Regular Overtime Working Hour 6 hours
Sundays / Holidays Working Hour 5 hours

a. Regular Pay = (48 hours)(P18.00)

= P864
b. Regular Overtime Pay = (6 hours)(P18.00)(1.50)
= P162
c. Sunday / Holiday Overtime Pay = (5 hours)(P18.00)(2)
= P180
d. Gross Earnings = P864 + P162 + P180
= P1,206

Conclusion:
a. Vida M.’s regular pay is P864.00.
b. Vida M.’s regular overtime pay is P162.00.
c. Vida M.’s Sunday/holiday overtime pay is P180.00.
d. Vida M.’s earnings for the week is P1,206.00.
6. Complete the following table. Round off your answer to the nearest centavo. Place computation on a
yellow legal pad paper.

Annual Monthly
Salary Monthly Weekly Bi-weekly
Employees Semi-Salary
a. L. Carlos P96,000 P2,304,000.00 P192,000.00 P48,000.00 P24,000.00
b. O. Homer P66,500 P1,596,000.00 P133,000.00 P33,250.00 P16,625.00
c. V. Abad P141.67 P3,400 P283.33 P70.83 P35.42
d. E. Roldan P177.08 P4,250 P354.17 P88.54 P44.27
e. A. Ignacio P1,587.50 P38,100.00 P3,175 P793.75 P396.88
f. N. Toledo P2,512.50 P60,300.00 P5,025 P1,256.25 P628.13
g. D. Asuncion P4,000.00 P96,000.00 P8,000.00 P2,000 P1,000.00
h. J. Belleza P2,500.00 P60,000.00 P5,000.00 P1,250 P625.00
i. O. Lopez P15,000.00 P360,000.00 P30,000.00 P7,500.00 P3,750
j. Y. Espinosa P16,500.00 P396,000.00 P33,000.00 P8,250.00 P4,125

7. Compute the daily rate of the following employees assuming:

5 – Day Workweek 6 – Day Workweek

a. L. Carlos P9,600.00 P8,000.00
b. O. Homer P6,650.00 P5541.67
c. V. Abad P14.17 P11.81
d. E. Roldan P17.71 P14.76

8. Compute for the hourly rate of the following employees assuming:

5 – Day Workweek 6 – Day Workweek

a. N. Toledo P31.41 P26.17
b. D. Asuncion P50.00 P41.67
c. J. Belleza P31.25 P26.04
d. O. Lopez P187.50 P156.25
e. Y. Espinosa P206.25 P171.88