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Mr. Ratu Epeli is a General Manager at Pacifica group of companies, Fiji. The pay details are as follows: Annual income - $68,000 Normal

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Mr. Ratu Epeli is a General Manager at Pacifica group of companies, Fiji. The pay details are as follows: Annual income - $68,000 Normal working hours - 37 hours per week He is a resident of Fiji Payroll process monthly wages. Deductions FNPF Required: PAYE (if applicable) o Health Insurance $125.00 fortnightly Housing loan $445.00 monthly Calculate net monthly income of Mr. Ratu Epeli and determine his hourly wage rate. Show all necessary working. (8 marks)

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