The converted daily compensation rate of Anna is P2,000. On top of her salary, she receives a daily meal allowance of 20% of her basic daily rate, daily transportation allowance of P50.00 and daily communication allowance of P30.00. How much should be reported as regular compensation for Anna? * O P2,000 P2,400 P2,450 P2,480

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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The converted daily compensation
rate of Anna is P2,000. On top of her
salary, she receives a daily meal
allowance of 20% of her basic daily
rate, daily transportation allowance
of P50.00 and daily communication
allowance of P30.00. How much
should be reported as regular
compensation for Anna? *
O P2,000
P2,400
P2,450
P2,480
Transcribed Image Text:The converted daily compensation rate of Anna is P2,000. On top of her salary, she receives a daily meal allowance of 20% of her basic daily rate, daily transportation allowance of P50.00 and daily communication allowance of P30.00. How much should be reported as regular compensation for Anna? * O P2,000 P2,400 P2,450 P2,480
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