1a Payroll 267,000.

00
Withholding tax payable 53,400.00
SSS Contributions payable 8,891.10
Pag-IBIG Contributions payable 5,340.00
PHIC Contributions payable 3,337.50
Accrued payroll 196,031.40

1b Work in process 180,000.00

FOH Control 30,000.00
Marketing expenses control 42,000.00
Administrative expenses control 15,000.00
Payroll 267,000.00

1c FOH Control 21,651.00 for DL and IL

Marketing expenses control 4,330.20 Sales
Administrative expenses control 1,546.50 Office
SSS Contributions payable 18,850.20
EC Contributions payable xxx
Pag-IBIG Contributions payable 5,340.00
PHIC Contributions payable 3,337.50
210,000.00 267,000.00 27,527.70 21,651.00
42,000.00 267,000.00 27,527.70 4,330.20
15,000.00 267,000.00 27,527.70 1,546.50
267,000.00 27,527.70
2a Employee Gross pay Dedu
Name Clock no. Basic pay OT pay Gross pay w/h tax
Aragon, T. 21 1,920.00 - 1,920.00 192.00
Babon, R. 22 1,425.00 - 1,425.00 142.50
Calda, S. 23 1,688.75 - 1,688.75 168.88
Dalag, M. 24 1,280.00 48.00 1,328.00 132.80
Egan, P. 25 1,180.00 132.75 1,312.75 131.28
Fabron, L. 26 2,650.00 99.38 2,749.38 274.94
Gage, E. 27 1,050.00 - 1,050.00 105.00
11,193.75 280.13 11,473.88 1,147.39

2b Payroll 11,473.88
Withholding tax payable 1,147.39
SSS Contributions payable 382.08
Pag-IBIG Contributions payable 229.48
PHIC Contributions payable 143.42
Accrued payroll 9,571.51

Accrued payroll 9,571.51

Cash 9,571.51

Work in process 5,033.75

FOH Control 6,440.13
Payroll 11,473.88

FOH Control 1,252.96

EC Contributions payable 70.00
SSS Contributions payable 810.06
Pag-IBIG Contributions payable 229.48
PHIC Contributions payable 143.42
 Deductions Net
SSS Pag-IBIG PHIC Ttl. Ded. pay
63.94 38.40 24.00 318.34 1,601.66
47.45 28.50 17.81 236.27 1,188.74
56.24 33.78 21.11 279.99 1,408.76
44.22 26.56 16.60 220.18 1,107.82
43.71 26.26 16.41 217.65 1,095.10
91.55 54.99 34.37 455.85 2,293.53
34.97 21.00 13.13 174.09 875.91
382.08 229.48 143.42 1,902.37 9,571.51
IF Dalag's works directly to the product:
Basic pay 1,280.00 WP
OT pay:
Basic 32.00 WP
Premium 16.00 48.00 FOHC
Gross pay 48.00

Direct labor (basic pay including 100% of

Indirect labor costs + OT premium on direct labor costs (50% only of the basic pay)
Meaning: OT premium for Dalag is 32 x 50% or P16.00
48-32=16
3a Regular Overtime Withholding
Emp. No. Name Position Earnings Premium Taxes
21 Ant S 18,750.00 450.00 3,655.21
22 Bat W 7,760.00 187.50 1,096.79
23 Cat W 7,570.00 320.00 1,061.00
24 Dog W 7,230.00 200.00 991.00
25 Eel W 6,985.00 147.50 941.13
26 Fox W 5,225.00 228.50 619.94
Total 53,520.00 1,533.50 8,365.07

b.
Payroll 55,053.50
Withholding taxes payable 8,365.07
SSS Contributions payable 2,140.00
PHIC Contributions payable 1,384.00
Pag-IBIG Contributions payable 600.00
Accrued payroll 42,564.43

Work in process 34,770.00

Factory overhead Control 20,283.50
Payroll 55,053.50

Accrued payroll 42,564.43

Cash 42,564.43

Factory overhead Control 6,344.00

PHIC Contributions payable 1,384.00
Pag-IBIG Contributions payable 600.00
SSS Contributions payable 4,280.00
EC Contributions payable 80.00
 Pag-IBIG PHIC
SSS Cont. PHIC Cont. Cont. Net Pay er
760.00 384.00 100.00 14,300.79 384.00
320.00 200.00 100.00 6,230.71 200.00
300.00 200.00 100.00 6,229.00 200.00
280.00 200.00 100.00 5,859.00 200.00
280.00 200.00 100.00 5,611.37 200.00
200.00 200.00 100.00 4,333.56 200.00
2,140.00 1,384.00 600.00 42,564.43 1,384.00
Pag-IBIG SSS
er er EC Cont.
100.00 1,520.00 30.00
100.00 640.00 10.00
100.00 600.00 10.00
100.00 560.00 10.00
100.00 560.00 10.00
100.00 400.00 10.00
600.00 4,280.00 80.00
Prob. 4
A.M. P.M. Overtime
Day In Out In Out In Out
Sunday 8:00 12:00
Monday 6:58 12:01 12:25 3:35
Tuesday 7:00 12:03 12:28 3:32
Wednesday 6:56 12:02 12:30 3:33
Thursday 6:55 12:05 12:28 3:35 6:00 9:30
Friday 6:55 12:01 12:29 6:32
Saturday 6:55 1:30
Total in hours
x Rate per hour
Regular pay
Overtime premium
Total pay

Entry:
Work in process 1,395.00 46.5hrsX30
Factory overhead control 607.5 (6.5X15)+(6X45)+(4X60)
Payroll 2,002.50
 Regular OT 150% OT 200%
(hours) (hours) (hours)
4
8
8
8
8 3.5
8 3
6
40 12.5 4
30 30 30
1,200.00 375.00 120.00 1,695.00
- 187.50 120.00 307.50
1,200.00 562.50 240.00 2,002.50
5 Payroll 2,002.50
Withholding taxes payable 200.25
SSS Contributions payable 66.68
PHIC Contributions payable 25.03
Pag-IBIG Contributions payable 40.05
Accrued payroll 1,670.49

Accrued payroll 1,670.49

Cash 1,670.49

Factory ovehread control 216.46

SSS Contributions payable 141.38
EC Contributions payable 10.00
PHIC Contributions payable 25.03
Pag-IBIG Contributions payable 40.05