Psych 30 module 6 th quiz answers

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Psych 30 module 6 th quiz answers

  1. 1. TAKE HOME QUIZ ANSWER KEY -from Module 6-
  2. 2. <ul><li>1. LEGAL OR REGULAR HOLIDAYS </li></ul><ul><li>(Holiday wage rate + 30% of holiday rate (200%) </li></ul>DAILY WAGE P800.00 WORK SCHED 8AM – 5PM INCLUSIVE OF 1 HOUR MEAL BREAK OT JUNE 12 (independence day) 5PM – 10PM
  3. 3. <ul><li>Step 1. Get hourly wage rate: </li></ul><ul><li>Daily basic wage divided by the number of hours worked multiplied by regular holiday wage rate </li></ul><ul><li>(P800/8hours) x 200% = P200 </li></ul><ul><li>Step 2. Compute wage between 8AM-5pm using holiday wage rate </li></ul><ul><li>8hours x P200 =P1,600 </li></ul><ul><li>Step 3. Compute OT Premium Pay between 5pm-10pm </li></ul><ul><li>(30% of P200) + 200 = P260 x no. of OT hours (5pm-10pm) 5 hours </li></ul>
  4. 4. <ul><li>COMPUTATION: </li></ul><ul><li>8am – 5pm 8 hours x P200 = P1600 </li></ul><ul><li>5pm – 10pm 5 hours x P260 = P1300 </li></ul><ul><li>TOTAL TAKE HOME PAY P2900 </li></ul>
  5. 5. <ul><li>2. REST DAYS OR SPECIAL HOLIDAYS </li></ul><ul><li>(rest day or special holiday wage rate + 30% of the rest day or special holiday wage rate 130%) </li></ul>DAILY WAGE P800.00 WORK SCHED 8AM-5PM, inclusive of 1 hour meal break OT Jan 23 Lunar New Year special holiday 5:00pm – 10PM
  6. 6. <ul><li>Step 1. Get hourly wage rate. Basic daily wage divided by number of hours worked multiplied by special holiday wage rate. </li></ul><ul><li>(P800/8hours) x 130% = P130 </li></ul><ul><li>Step 2. compute wage between 8am-5pm using special holiday wage rate </li></ul><ul><li>8 hours x P130 =P1040 </li></ul><ul><li>Step 3. compute OT premium between 5pm to 10pm </li></ul><ul><li>(30% of Holiday wage per hour) + holiday wage per hour) x no. of OT hours </li></ul><ul><li>(30% of P130) + P130 =P169 </li></ul><ul><li>X no. of OT hours x 5 hours </li></ul><ul><li>=P845 </li></ul>
  7. 7. <ul><li>Computation </li></ul><ul><li>8am-5pm 8 hours x P130 = P1040 </li></ul><ul><li>5pm-10pm 5 hours x P169 =P845 </li></ul><ul><li>TOTAL TAKE HOME PAY =P1,885 </li></ul>
  8. 8. <ul><li>3. SCHEDULED REST DAY WHICH IS ALSO A SPECIAL HOLIDAY </li></ul><ul><li>(rest day & special holiday wage rate + 30% of rest day & special holiday wage rate 150%) </li></ul>DAILY WAGE P800.00 WORK SCHED 8AM-5PM, inclusive of 1 hour meal break OT June 6 (araw ng kagitingan – special holiday COINCIDING with EE’s scheduled rest day) 5:00pm – 10PM
  9. 9. <ul><li>Step 1. Get hourly wage rate . Daily basic wage divided by number of hours worked multiplied by rest day and special holiday wage rate. </li></ul><ul><li>(P800/8HOURS) x 150% = P150 </li></ul><ul><li>Step 2. Compute wage between 8am-5pm using special holiday wage rate. </li></ul><ul><li>P150 x 8 hours = P1200 </li></ul>
  10. 10. <ul><li>Step 3. Compute OT premium pay between 5pm-10pm </li></ul><ul><li>(30% of Holiday Wage per hour) + Holiday wage per hour) x no. of OT hours. </li></ul><ul><li>(30% x P150) + P150 =P195 </li></ul><ul><li>X no. of ot hours x 5 hours </li></ul><ul><li>= P975 </li></ul><ul><li>Computation: </li></ul><ul><li>8am-5pm 8 hours x P150 = P1200 </li></ul><ul><li>5pm-10pm 5 hours x195 =975 </li></ul><ul><li>TOTAL TAKE HOME PAY =P2,175 </li></ul>
  11. 11. <ul><li>4. SCHEDULED REST DAY WHICH IS ALSO A SPECIAL HOLIDAY </li></ul><ul><li>(rest day & special holiday wage rate + 30% of rest day & legal holiday wage rate (260%) </li></ul>DAILY WAGE P800.00 WORK SCHED 8AM-5PM, inclusive of 1 hour meal break OT May 1 (Labor Day – legal holiday COINCIDING with Ees scheduled rest day) 5pm – 10PM
  12. 12. <ul><li>Step 1. Get hourly wage rate . Daily basic wage divided by number of hours worked multiplied by rest day and legal holiday wage rate. </li></ul><ul><li>(P800/8HOURS) X 260% = P260 </li></ul><ul><li>Step 2. compute wage between 8am to 5pm using holiday wage rate: </li></ul><ul><li>8 hours x P260 =P2080 </li></ul>
  13. 13. <ul><li>Step 3. Compute OT premium between 5pm – 10pm </li></ul><ul><li>(30% Hwage per hour) + hwage per hour x no, of OT hours </li></ul><ul><li>(30% x P260) + 260 =P 338 </li></ul><ul><li>X no. of OT hours 5 hours = P1690 </li></ul><ul><li>COMPUTATION: </li></ul><ul><li>8am – 5pm 8xP260 = P2080 </li></ul><ul><li>5pm – 10pm 5hrs x P338 = p1690 </li></ul><ul><li>TOTAL TAKE HOME PAY = P3,770 </li></ul>
  14. 14. <ul><li>5. DOUBLE HOLIDAY </li></ul><ul><li>(double holiday wage rate + 30% of double holiday wage rate (300%)) </li></ul>DAILY WAGE P800.00 WORK SCHED 8AM-5PM, inclusive of 1 hour meal break OT April 9 Araw ng Kagitingan & at the same time GOOD FRIDAY 5pm – 10PM
  15. 15. <ul><li>Step 1. Get hourly wage rate. Daily basic wage divided by number of hours worked multiplied by rest day and special holiday </li></ul><ul><li>(P800/8)X300% = P300 </li></ul><ul><li>Step 2. Compute wage between 8am-5pm using special holiday wage rate. </li></ul><ul><li>8hours x P300 = P2400.00 </li></ul>
  16. 16. <ul><li>STEP 3. compute OT premium pay between 5pm -10pm </li></ul><ul><li>(30%% of Hwage per hour)+Hwage per hour) x no. of OT hours </li></ul><ul><li>(30% x P300)+300 =P390 </li></ul><ul><li>X ot hours x 5hours = P1950 </li></ul><ul><li>COMPUTATION </li></ul><ul><li>8am-5pm 8hrs x P300 = P2400 </li></ul><ul><li>5pm-10pm 5 hours x P390 = P1950 </li></ul><ul><li>TOTAL TAKE HOME PAY = P4,350 </li></ul>

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