Question
Timmah works has 4 employees in its packaging department. All work is done on a job order basis. During the first week of May 2021,
Timmah works has 4 employees in its packaging department. All work is done on a job order basis. During the first week of May 2021, each employee worked a full 40-hour week with the following outputs: Employee guaranteed hourly min. rate (Ghs) unit packaged Richmond Mensah 2,700 1,290 Akua Bubune 3,415 1,630 Nyamekye Joan 2,800 1,000 Paa kwesi 3,150 1,704 Additional information; (a) Wages are paid on a piecework basis at ghs85 per package but completely subject the guaranteed hourly minimum rate.(highest of the two) (b) Employees contribute 5% SSF and 71/2 % to welfare fund. ( c) Income tax is 10% flat rate. Required; Prepare the payroll for the period.
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