(10 marks) Labour Question Two Information: Mr Love is employed by Compassion Limited. The normal working week is 45 hours. He worked for 48 hours during the last week of January 2019 and is remunerated at R80 per hour during normal working hours. Overtime is calculated at 1.5 times the normal rate. The following are his deductions for the week: Medical aid fund R400 Pension fund 8% of the normal wages Income tax R800 Compassion Limited contributes the same amount as the employees towards the medical aid fund and pension fund. Required: Calculate the net wage of Mr Love for the last week of January 2019, EOQ (10 marks) Question Three Calculate the Annual Economic Order Quantity WW expects to sell approximately 12000 Bugatti cars during 2019. The estimated cost of placing an order for the Bugatti cars are R24. The inventory holding cost of one Bugatti car is R3 Calculate the annual economic order quantity using the necessary formula