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ABC Corporation has 20 employees (10 monthly paid and 10 daily based). Monthly paid employees' rate is 20,000 per month plus 2.000 monthly allowance while
ABC Corporation has 20 employees (10 monthly paid and 10 daily based). Monthly paid employees' rate is 20,000 per month plus 2.000 monthly allowance while daily paid employees' rate is 450 plus 100 daily allowance. Employees are paid every 15th and 30th and work 5 days a week. Use the following formats for your answer: For amount -20,000.00 For days 105 days 1. If the payroll accountant is preparing 1 point for October 31 payroll, compute for the total compensation of the 20 employees? 2. if October 31 is a regular holiday and the company does not require the employees to go to work, compute for the total holiday pay of the 20 employee? 3. if one of the monthly paid employee who works for the company for 20 years involuntarily resigns due to redundancy, compute for his separation pay excluding 13th month and leave credits? 4. If one of the monthly paid employee who works for the company for 20 years voluntarily resigns, compute for his separation pay excluding 13th month and leave credits? 5. Compute for total 13th month pay of 20 employees. Use 260days for daily paid employees. All employees have complete attendance
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