Question
North Quay Ltd employs 8 staff. Each staff member is entitled to 20 days annual leave per annum. Leave loading of 17.5% is paid when
North Quay Ltd employs 8 staff. Each staff member is entitled to 20 days annual leave per annum. Leave loading of 17.5% is paid when the leave is taken. On 31 December 20229 Margie Winton left the company and was paid out her untaken leave entitlements. Margie had 14 days leave owing at 1 July 2022 and took 6 days leave between 1 July and 31 December 2022. Her salary at the time of her departure was $80 000. There are 260 work days in a year. On 1 July each year all employees receive a 2% wage rise. There are no other wage rises given during the year. The gross entitlement owing to Margie Winton on 31 December 2022 was:
Select one:
a. $6 638
b. $6 508
c. $5 649
d. $5 538
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