Question

From the following particulars find out the amount required for payment of wages in a factory for a particular month:

Wages for Normal Hours worked K 20,500
Wages for Overtime K 2,200
Leave pay K 1,700
Deduction of employee’s share ZISC contribution K 500
Employee’s Contribution to NAPSA K 1,600
House Rent to be recovered from 0 employees at the rate of K100 per employee per month

Answer 1

The amount required for payment of wages in the factory for a particular month is K23,300.

Step-by-step explanation:

To find out the amount required for payment of wages in the factory for a particular month, we need to add up the wages for normal hours worked, wages for overtime, leave pay, and deduct the employee's share of ZISC contribution, employee's contribution to NAPSA, and house rent.

Let's calculate each step:

1. Wages for normal hours worked = K20,500
2. Wages for overtime = K2,200
3. Leave pay = K1,700
4. Deduction of employee's share ZISC contribution = K500
5. Employee's contribution to NAPSA = K1,600
6. House rent to be recovered from 0 employees at the rate of K100 per employee per month = K0 (since there are no employees)

Now, let's add up the values:

• Total wages for normal hours worked + Total wages for overtime + Total leave pay - Deduction of employee's share ZISC contribution - Employee's contribution to NAPSA - House rent
• = K20,500 + K2,200 + K1,700 - K500 - K1,600 - K0
• = K23,300

Therefore, the amount required for payment of wages in the factory for a particular month is K23,300.