1. An executive receives an annual salary of P600,000 and his secretary a salary of P180,000. A certain task can be performed by the executive working alone in 4 hours. If he delegates the task to his secretary it will require him 30 minutes to explain the work and another 45 minutes to check the finished work. Due to the unfamiliarity of the secretary to the task, it takes her an additional time of 6 hours after being instructed. Considering salary costs only, determine the cost of performing the task by each method, if the secretary works 2,400 hours a year and the executive 3,000 hours a year. Solution: If the executive works alone: P800.00 If the executive delegates the work to his secretary: P737.50

1. An executive receives an annual salary of P600,000 and his secretary a salary of P180,000. A certain task can be performed by the executive working alone in 4 hours. If he delegates the task to his secretary it will require him 30 minutes to explain the work and another 45 minutes to check the finished work. Due to the unfamiliarity of the secretary to the task, it takes her an additional time of 6 hours after being instructed. Considering salary costs only, determine the cost of performing the task by each method, if the secretary works 2,400 hours a year and the executive 3,000 hours a year. Solution: If the executive works alone: P800.00 If the executive delegates the work to his secretary: P737.50

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter2: Computing Wages And Salaries

Section: Chapter Questions

Problem 4QD

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An executive receives an annual salary of P300,000 and his secretary a salary of P60,000 a year. A certain task can be performed by the executive, working alone, in 4 hours. If he delegates the task to his secretary it will require him 30 minutes to explain the work and another 45 minutes to check the finished work. Due to the unfamiliarity of the secretary to do the task it takes her an additional time of 6 hours after being instructed. Considering salary cost only, determine the cost of performing the task by each method, if the secretary works 2,400 hours a year and the executive 3,000 hours a year.
An executive receives an annual salary of P600,000 and his secretary a salary of P180,000. A certain task can be performed by the executive working alone in four hours. If he delegates the task to his secretary it will require him 30 minutes to explain the work and another 45 minutes to check the finished work. Due to the unfamiliarity of the secretary to do the task, it takes her an additional time of 6 hours after being instructed. considering salary cost only, determine the cost of performing the task by working alone and by working with his sectary, if the secretary works P2,400 hours a year and the executive 3,000 hours a year.
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