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![ABM- BUSINESS MATHEMATIO
Grade/Section: 11 ABM
toVislse v C. P28,000
vD. P26,000
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A. P27,000
P25,000
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6. Gina has a total monthly deduction of -ge10
P2,845. If her take-home pay is P18,945, how
much is her gross earning for working this
month?
A. P16,100SE CENO
B. P22,500
C. P18,945,
D. P21,790
7. Mr. Buenaventurado's annual net income is
P1,200,000. What is his annual gross income
if his annual deduction is 20% of his gross?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F52046dd7-a85c-48bb-ab8e-a26789ba0dba%2F7f291a73-e088-4651-98e6-4ebce5455d7e%2Fhextux8_processed.jpeg&w=3840&q=75)
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- Assume an employee has a gross pay of $500 and vacation pay is paid out at 4%. How much extra gross pay does the employee receive on their paycheque? Select one: a. $500 O b. $0 c. $20 d. $480What is the monthly net take home pay? * A. P25,000 B. P24,486.67 C. P23,385 D. P22,871.6717. The following deductions are made from the salary of an employee. DEDUCTIONS Income tax 35%National housing 2%Education tax 1% What is the total amount which should be deducted from her employee’s salary $1 800 per month? A. $486B. $648C. $684D. $846
- Gross Income Compute how much will be included and excluded in the gross income given the following scenarios. 1. A call center agent receiving a monthly salary of P21,000 with mandatory annual deductions of P15,166, which includes SSS, PhilHealth, and Pag-Ibig contributions. What will be the amount for his annual gross income?19 August KERCISE 2 Calculate Nazeer's monthly UIF contribution if his gross annual salary is R130 000,00. Moosa earns R145 215,00 per annum. Calculate the total annual UIF contribution based on this income. Mavis earns R2 320,00 per month. What is her UIF contribution? a What is the total contribution to UIF? Employee Name Moykahe Rueben Period Company Halo Halo Telephones 30/11/12 Empl No Sex Status 038 Male Married EARNINGS DEDUCTIONS Description Amount Description Amount Basic Salary 8 705,25 SITE tax 1 395,00 Pension_Income 741,35 PAYE 482,10 Med Aid_Income 645,00 UIF 87,50 TOTAL EARNINGS TOTAL DEDUCTIONS NET PAY Using the pay slip provided, answer the following questions: How much does Reuben contribute to the UIF every month? What percentage of his gross income does he contribute to the UIF? Use the pay slip to calculate Reuben's: total earnings a ii total deductions ii net pay. Samson is a gardener, who works for one employer twice a week. How many hours must he work per work…*see attached What is the net rent income for the current year? *a. 275,000b. 290,000c. 350,000d. 365,000
- Complete the net salary for Mr. Ama given that he worked in an organization for 5000hrs. With an agreed hourly wage of Ghc5.00. Given that he did extra works in the form of allowances. Overtime allowance = 0.02% of gross. Maintenance 2% Safety 1%. Given also that there some deductions in the computation of his net i.e tax 1 = Ghc50.00 tax 2 = 0.2% of gross tax 3 = 1.1% of gross tax 4= 2% of grossQuestion 16: What is the maximum amount of dependent care benefits an employee who files as Single on his tax return can receive in a year? Answer: A. O S2,500 В. O 5,000 С. O 57,500 D. O $10,000If an employee X has CNA =₱18,291.09, 13th month pay = ₱27,891.00, other benefits = ₱10,000, and ₱3,000 of the other benefits is the clothing allowance. How much of his benefits is taxable? How much is Non- Taxable?
- 11. During the month. the company paid for the monthly renta! of a dormitory. which is being occupied by the supervisor in the amount of P10,000. It also provided fringe benefit to a clerk amounting to P3,000. The deductible expense of the company is - P 15,692 12,692 а. C. 13,000 b. d. 7.200 CS Scanned with CamScanner9. Compute the prescribed minimum withholding tax of a manager whose monthly salary is P120 000 with transportation allowance of P20 000 and cost of living allowance of P25 000. How much will be her net earnings?SINGLE Persons If the Adjusted Wage Amount (line 1d) is The tentative amount to withhold is… Plus this percentage… of the amount that the wage exceeds… at least… But less than… A B C D E $0 $4,350 $0.00 0% $0 $4,350 $14,625 $0.00 10% $4,350 $14,625 $46,125 $1,027.50 12% $14,625 $46,125 $93,425 $4,807.50 22% $46,125 $93,425 $174,400 $15,213.50 24% $93,425 $174,400 $220,300 $34,647.50 32% $174,400 $220,300 $544,250 $49,335.50 35% $220,300 $544,250 $162,718.00 37% $544,250 Assume you are offered a job with a salary of $42,000 and a bonus of 7.5% based on your performance during the year. If you receive your full bonus at the end of the year, what is your total (gross or before tax) pay for the year? Assume you are filing under single status. Using the income tax table provided below, answer the following…