A clerk earns a salary of P20,000.00 per month. If he works 8 hours a day for 20-day work month, how much does he get per day? per hour? An employee is paid a monthly salary of P16,000.00 for working 20 days na month. A taxi driver earns P750.00 per day. Assuming both work 8 ours a day, who has a higher hourly wage?

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter3: Accounting For Labor
Section: Chapter Questions
Problem 16E
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1.
A clerk earns a salary of P20,000.00 per month. If he works 8 hours a day for
a 20-day work month, how much does he get per day? per hour?
2.
An employee is paid a monthly salary of P16,000.00 for working 20 days
in a month. A taxi driver earns P750.00 per day. Assuming both work 8
hours a day, who has a higher hourly wage?
3.
Suppose that an entry level policeman has a basic salary of P33,575 per
month. He has to pay monthly P2,560.50 for income tax, P1,175.13 for
Philhealth, P671.50 for Pag-ibig and P3,021.75 for GSIS contributions.
What is the monthly net income of the policeman?
Transcribed Image Text:1. A clerk earns a salary of P20,000.00 per month. If he works 8 hours a day for a 20-day work month, how much does he get per day? per hour? 2. An employee is paid a monthly salary of P16,000.00 for working 20 days in a month. A taxi driver earns P750.00 per day. Assuming both work 8 hours a day, who has a higher hourly wage? 3. Suppose that an entry level policeman has a basic salary of P33,575 per month. He has to pay monthly P2,560.50 for income tax, P1,175.13 for Philhealth, P671.50 for Pag-ibig and P3,021.75 for GSIS contributions. What is the monthly net income of the policeman?
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