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Discuss the variables needed in the computation of overtime pay. Discuss the steps of computing overtime pay and gross earnings. Identify the term described by each of the statements below. 3. Pasig Day, Christmas Eve, and Feast of the Immaculate Conception are examples of this type of holiday. 4. This is the overtime rate on rest day which falls on a regular holiday. 5. This is the hourly rate on ordinary day. 6. This is the overtime premium rate on rest day which falls on a special holiday. 7. Labor Day, Christmas Day, and New Year's Day are examples of this type of holiday