Considering that factory - employee (machine operator) was employed since January 1, 2020, and the monthly rate of this employee is P40,000.00, thus an hourly rate of P230. Employee is paid every 5th of the following month for the whole prior month worked.

- Given the following, for the month of September 2020.

- Employee has 1 day absent for the month of September

- Employee rendered 5 hours overtime as required by the client to accomplish the order ASAP.

- Overtime premium is 25%

Please use the LATEST contribution tables of SSS, Philhealth, Pag-ibig and Withholding Tax, of the Philippines

Question 1

How much is the total liability to be recognized on September 30, 2020?

Question 2

The following are not incorrect regarding the journal entry to record the transaction above, except:

Question 3

How much is the net pay of the employee?