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Question 5 [34] WAGES JOURNAL During the week ending 26 June 2020, the following hourly paid persons were employed by Asus Enterprises. Assume a standard

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Question 5 [34] WAGES JOURNAL During the week ending 26 June 2020, the following hourly paid persons were employed by Asus Enterprises. Assume a standard workweek of 40 hours. Name of employee Monde Nancy Odelia Peter Age 19 38 39 66 Hours worked 48 35 44 49 Rate per hour 26 36 46 34 Additional information: 1. Pension fund contributions have to be deducted at 5.5% of employees' wages for normal time and paid over to the group scheme. 2. Asus Enterprises contributes 7.5% of the normal wages to the pension fund. 3. All employees under the age of 60 belong to the industry trade union and contribute R5.00 per week to the staff club. 4. Allow for UIF and SDL contributions at the standard rates. 5. PAYE is payable as per the following tables: Tax Remuneration Under 65 6574 Over 75 0-1 199 0 0 0 1 200 - 1 699 17 0 0 1 700 - 1 999 72 5 0 2 000 - 2 299 126 7 2 Required: 5.1. Calculate the gross wages for the week ending 26 June 2020. (13) 5.2. Complete the Wages Journal of Asus Enterprises for the week ending 26 June 2020. (21) Question 6 [18] Question 5 [34] WAGES JOURNAL During the week ending 26 June 2020, the following hourly paid persons were employed by Asus Enterprises. Assume a standard workweek of 40 hours. Name of employee Monde Nancy Odelia Peter Age 19 38 39 66 Hours worked 48 35 44 49 Rate per hour 26 36 46 34 Additional information: 1. Pension fund contributions have to be deducted at 5.5% of employees' wages for normal time and paid over to the group scheme. 2. Asus Enterprises contributes 7.5% of the normal wages to the pension fund. 3. All employees under the age of 60 belong to the industry trade union and contribute R5.00 per week to the staff club. 4. Allow for UIF and SDL contributions at the standard rates. 5. PAYE is payable as per the following tables: Tax Remuneration Under 65 6574 Over 75 0-1 199 0 0 0 1 200 - 1 699 17 0 0 1 700 - 1 999 72 5 0 2 000 - 2 299 126 7 2 Required: 5.1. Calculate the gross wages for the week ending 26 June 2020. (13) 5.2. Complete the Wages Journal of Asus Enterprises for the week ending 26 June 2020. (21) Question 6 [18]

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