BM1805

Name of student Section Date

ONLINE ACTIVITY
Lonsdale Enterprise
The CEO of Lonsdale Enterprise desires to identify the labor costs incurred in the operations of their
company. The following data is available:

Monthly salary Php 30,000

Employer’s monthly contribution to government 7.2%
Leave benefit per month 1 day
Healthcare cost per head Php 1,000/month
Monthly pension plan allocation 3%
Working hours 8 hours a day, 25 days in a month

Provide the following based on the procedures of costing for labor cost. Answers must be in two (2)
decimal places. (3 items x 10 points)

A. Total labor cost per month

B. Percentage weight of the monetary benefit, non-monetary benefit, and deferred monetary benefit.

C. Percentage of cost relevant to the sales of total labor cost, given that there are 30 employees in the
company and the revenue of the company is Php1,300,000 monthly

Rubric for grading:

CRITERIA POINTS
Complete solution with correct answer 10
Last two (2) major steps of the solution are incorrect 7
Half of the solution is correct 5
 First two (2) major steps of the solution are correct 3
First major step of the solution is correct 1

03 Online Activity 1 *Property of STI

Page 1 of 1