QUESTION 6 1. Mrs X is an employee of ABC Limited. The following information was taken from Mrs X's timesheet for the week ending 30 June 2014: The employer and employee each contribute 1% to the Unemployment Insurance Fund (UIF). A weekly contribution of 15% is paid towards the pension fund on Mrs X's behalf. ABC Limited pays 60% of this amount and Mrs X pays the rest. The medical aid contribution of 10% of normal wages) is shared equally by the employer and employee respectively. PAYE of 21% is deducted and paid to SARS on a weekly basis. Fill in the missing figures in the table below: Normal wages R 1 800.00 Overtime 1 R 337.50 Overtime 2 R 180.00 Gross wage R2 317.50 Pension fund R 108.00 Taxable income R 2 209.50 Deductions PAYE Medical aid R R UIF R Net pay R 2. Financial accounting is designed to managers. the full range of needs for business C True c False