Question
Please show all of the your calculation step, it is very important!!! Shows your step of calculation and round up your figure to two decimal
Please show all of the your calculation step, it is very important!!!
Shows your step of calculation and round up your figure to two decimal places for the following two questions. July 1 is 2020 is statutory holiday.
(A) Calculate the holiday pay of 1 July 2020 (show your calculation step)
(B) What is the gross pay for month of July 2020? (show your calculation step)
(C) Assumes employee D was dismissed by his employer after working for this company for 10 years on July 2018. His last full months wages is $60,000. What is his long service payment? (show your calculation step)
Salary reduction Month Monthly Salary Jul 2019 50,000 Aug 2019 50,000 Sep 2019 50,000 Assumptions Employee Cis monthly remunerated with paid rest days Oct 2019 50,000 Nov 2019 50,000 He was paid 80% for Mar to Jul 2020 during the COVID-19 period Dec 2019 50,000 Jan 2020 50,000 Feb 2020 50,000 Holiday Pay for July 2020 Total wage for the past 12-month period from Jul 2019 to Jun 2020 is HK$560,000 Mar 2020 40,000 Apr 2020 40,000 Total calendar days from 1 Jul 2019 to 30 Jun 2020 is 366 days May 2020 40,000 Jun 2020 40,000 Jul 2020 40,000Step by Step Solution
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