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    chong kitmun
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    The employee is entitled to $30 for a medical claim that is not CPF deductible. Additional wages include $176.60 in overtime pay, $100 in back pay, and $175 in commissions, totaling $451.60. To calculate total gross wages, add basic pay ($2000), overtime ($176.60), back pay ($100), commissions ($175), and medical claim ($30), which equals $2481.60. CPF deductible components include basic pay, overtime, back pay, and commissions totaling $2451.60. The employee's CPF contribution is 20% of $2451.60 or $490. The employer's CPF contribution is 17% of $2451

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    Just log in questions guide

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    The employee is entitled to $30 for a medical claim that is not CPF deductible. Additional wages include $176.60 in overtime pay, $100 in back pay, and $175 in commissions, totaling $451.60. To calculate total gross wages, add basic pay ($2000), overtime ($176.60), back pay ($100), commissions ($175), and medical claim ($30), which equals $2481.60. CPF deductible components include basic pay, overtime, back pay, and commissions totaling $2451.60. The employee's CPF contribution is 20% of $2451.60 or $490. The employer's CPF contribution is 17% of $2451

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    © All Rights Reserved
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    4 views2 pages

    Justlogin

    Uploaded by

    chong kitmun
    The employee is entitled to $30 for a medical claim that is not CPF deductible. Additional wages include $176.60 in overtime pay, $100 in back pay, and $175 in commissions, totaling $451.60. To calculate total gross wages, add basic pay ($2000), overtime ($176.60), back pay ($100), commissions ($175), and medical claim ($30), which equals $2481.60. CPF deductible components include basic pay, overtime, back pay, and commissions totaling $2451.60. The employee's CPF contribution is 20% of $2451.60 or $490. The employer's CPF contribution is 17% of $2451

    Copyright:

    © All Rights Reserved
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    of 2

    Qn 1 What is the claim and the amount entitled to the employee? Is the claim CPF deductible?

    Medical claim, $30. The claim is not CPF deductible.


    Qn2 Indicate the additional wages and the amount entitled to the employee.

    Total over time($176.6) back pay($100) commission($175)= $451.6


    Qn 3 What is the total amount for Overtime Pay earned?

    $176.6

    Qn 4 How to compute Total Gross Wages?

    Basic pay + overtime + commission + back pay + medical claim = $2481.6

    Qn 5 (i)Which of the components are CPF deductible?

    Basic pay, total overtime, back pay and commission

    (ii)Compute the total amount for (i) as identified.

    $2000 + $176.6 + $100 + $175 = $2451.6

    Qn 6 How to compute the employee’s CPF contribution?

    $2451.6 x 20% = $490

    Qn 7 How to compute the employer’s CPF contribution

    $2451.6 x 17% =($417)


    Qn 8 How to compute the total CPF Contribution?

    $490(employee CPF) + $417 (employer’s CPF) = $907

    Qn 9 How to compute Nett Wages (take-home pay)?


    Total gross ($2481.6) – employees CPF ($490) = $1991.6

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