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=

PAYROLL ACCT.,2019 ED.(LL)-TEXT
19th Edition
ISBN:9781337619783
Author:BIEG
Publisher:BIEG
Chapter3: Social Security Taxes
Section: Chapter Questions
Problem 4SSQ: Lori Kinmark works as a jeweler for a local company. She earns 1,000 per week, plus a year-end bonus...
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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 gross

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