A machine operator is paid every week or 48 hours per week that includes saturday. It consist a regular 8 hours a day work with an overtime rate of Php 150 per hour. This week he has totaled 62 hours of work and his hourly rate is Php 135.00. Deduction from his gross wage is Php 340 (SSS), Php 100 ( Pag-ibig), Php 152 ( Philhealth ), Php 884.25
(tax withheld). Compute his gross and net earnings.
Answer (1)
Machine Operator’s Gross and Net PayGiven:Regular hours: 48 hours/weekOvertime worked: 62 total hours - 48 = 14 overtime hoursRegular rate: ₱135/hourOvertime rate: ₱150/hourDeductions: ₱340 (SSS) + ₱100 (Pag-ibig) + ₱152 (Philhealth) + ₱884.25 (tax)Gross PayRegular pay: 48 hrs × ₱135 = ₱6,480Overtime pay: 14 hrs × ₱150 = ₱2,100Total Gross Pay: ₱6,480 + ₱2,100 = ₱8,580Net PayGross Pay: ₱8,580Less Deductions: ₱340 + ₱100 + ₱152 + ₱884.25 = ₱1,476.25Net Earnings: ₱8,580 - ₱1,476.25 = ₱7,103.75
