3. A. Luna is a sales agent. His official working hours is 8 hours a day, with a monthly salary of P33,000 (22 working days). In addition, he also receives the following allowances: Rice allowance- P300; Clothing allowance-P500; Laundry allowance-P200 For the month of August 2021, he made a total sale of P1,500O,000 and is entitled for 3% commission rate. Also he has the following over time: a. 10 hours REGOT; b. 5 hours SHOT; c. 8 hours SHRDOT; d. 5 hours LHOT; e 7 hours LHRDOT. How much is his gross pay? *

3. A. Luna is a sales agent. His official working hours is 8 hours a day, with a monthly salary of P33,000 (22 working days). In addition, he also receives the following allowances: Rice allowance- P300; Clothing allowance-P500; Laundry allowance-P200 For the month of August 2021, he made a total sale of P1,500O,000 and is entitled for 3% commission rate. Also he has the following over time: a. 10 hours REGOT; b. 5 hours SHOT; c. 8 hours SHRDOT; d. 5 hours LHOT; e 7 hours LHRDOT. How much is his gross pay? *

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

3. A. Luna is a sales agent. His official
working hours is 8 hours a day, with a
monthly salary of P33,000 (22 working
days). In addition, he also receives the
following allowances: Rice allowance-
P300; Clothing allowance-P500;
Laundry allowance-P200 For the
month of August 2021, he made a total
sale of P1,500,000 and is entitled for
3% commission rate. Also he has the
following over time: a. 10 hours REGOT;
b. 5 hours SHOT; c. 8 hours SHRDOT; d.
5 hours LHOT; e 7 hours LHRDOT. How
much is his gross pay?

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