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TAKE HOME QUIZ ANSWER KEY -from Module 6-

Psych 30 module 6 th quiz answers

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Page 1: Psych 30 module 6 th quiz answers

TAKE HOME QUIZ ANSWER KEY-from Module 6-

Page 2: Psych 30 module 6 th quiz answers

1. LEGAL OR REGULAR HOLIDAYS

(Holiday wage rate + 30% of holiday rate (200%)

DAILY WAGE P800.00

WORK SCHED 8AM – 5PM INCLUSIVE OF 1 HOUR MEAL BREAK

OT JUNE 12 (independence day) 5PM – 10PM

Page 3: Psych 30 module 6 th quiz answers

• Step 1. Get hourly wage rate: • Daily basic wage divided by the number of hours worked

multiplied by regular holiday wage rate• (P800/8hours) x 200% = P200• Step 2. Compute wage between 8AM-5pm using holiday

wage rate• 8hours x P200 =P1,600• Step 3. Compute OT Premium Pay between 5pm-10pm• (30% of P200) + 200 = P260 x no. of OT hours (5pm-

10pm) 5 hours

Page 4: Psych 30 module 6 th quiz answers

• COMPUTATION:• 8am – 5pm 8 hours x P200 = P1600• 5pm – 10pm 5 hours x P260 = P1300• TOTAL TAKE HOME PAY P2900

Page 5: Psych 30 module 6 th quiz answers

2. REST DAYS OR SPECIAL HOLIDAYS

(rest day or special holiday wage rate + 30% of the rest day or special holiday wage rate 130%)

DAILY WAGE P800.00

WORK SCHED 8AM-5PM, inclusive of 1 hour meal break

OT Jan 23 Lunar New Year special holiday5:00pm – 10PM

Page 6: Psych 30 module 6 th quiz answers

• Step 1. Get hourly wage rate. Basic daily wage divided by number of hours worked multiplied by special holiday wage rate.

• (P800/8hours) x 130% = P130• Step 2. compute wage between 8am-5pm using special holiday

wage rate• 8 hours x P130 =P1040• Step 3. compute OT premium between 5pm to 10pm• (30% of Holiday wage per hour) + holiday wage per hour) x no.

of OT hours (30% of P130) + P130 =P169X no. of OT hours x 5 hours

=P845

Page 7: Psych 30 module 6 th quiz answers

• Computation

• 8am-5pm 8 hours x P130 = P1040• 5pm-10pm 5 hours x P169 =P845• TOTAL TAKE HOME PAY =P1,885

Page 8: Psych 30 module 6 th quiz answers

3. SCHEDULED REST DAY WHICH IS ALSO A SPECIAL HOLIDAY

(rest day & special holiday wage rate + 30% of rest day & special holiday wage rate 150%)

DAILY WAGE P800.00

WORK SCHED 8AM-5PM, inclusive of 1 hour meal break

OT June 6 (araw ng kagitingan – special holiday COINCIDING with EE’s scheduled rest day)5:00pm – 10PM

Page 9: Psych 30 module 6 th quiz answers

• Step 1. Get hourly wage rate. Daily basic wage divided by number of hours worked multiplied by rest day and special holiday wage rate.

• (P800/8HOURS) x 150% = P150

Step 2. Compute wage between 8am-5pm using special holiday wage rate.

P150 x 8 hours = P1200

Page 10: Psych 30 module 6 th quiz answers

• Step 3. Compute OT premium pay between 5pm-10pm• (30% of Holiday Wage per hour) + Holiday wage per hour)

x no. of OT hours.

• (30% x P150) + P150 =P195• X no. of ot hours x 5 hours

= P975

Computation:8am-5pm 8 hours x P150 = P12005pm-10pm 5 hours x195 =975TOTAL TAKE HOME PAY =P2,175

Page 11: Psych 30 module 6 th quiz answers

4. SCHEDULED REST DAY WHICH IS ALSO A SPECIAL HOLIDAY

(rest day & special holiday wage rate + 30% of rest day & legal holiday wage rate (260%)

DAILY WAGE P800.00

WORK SCHED 8AM-5PM, inclusive of 1 hour meal break

OT May 1 (Labor Day – legal holiday COINCIDING with Ees scheduled rest day)5pm – 10PM

Page 12: Psych 30 module 6 th quiz answers

• Step 1. Get hourly wage rate. Daily basic wage divided by number of hours worked multiplied by rest day and legal holiday wage rate.

• (P800/8HOURS) X 260% = P260

• Step 2. compute wage between 8am to 5pm using holiday wage rate:

• 8 hours x P260 =P2080

Page 13: Psych 30 module 6 th quiz answers

• Step 3. Compute OT premium between 5pm – 10pm• (30% Hwage per hour) + hwage per hour x no, of OT

hours

• (30% x P260) + 260=P 338• X no. of OT hours 5 hours = P1690

• COMPUTATION:• 8am – 5pm 8xP260 = P2080• 5pm – 10pm 5hrs x P338 = p1690• TOTAL TAKE HOME PAY = P3,770

Page 14: Psych 30 module 6 th quiz answers

5. DOUBLE HOLIDAY

(double holiday wage rate + 30% of double holiday wage rate (300%))

DAILY WAGE P800.00

WORK SCHED 8AM-5PM, inclusive of 1 hour meal break

OT April 9 Araw ng Kagitingan & at the same time GOOD FRIDAY5pm – 10PM

Page 15: Psych 30 module 6 th quiz answers

• Step 1. Get hourly wage rate. Daily basic wage divided by number of hours worked multiplied by rest day and special holiday

• (P800/8)X300% = P300

• Step 2. Compute wage between 8am-5pm using special holiday wage rate.

• 8hours x P300 = P2400.00

Page 16: Psych 30 module 6 th quiz answers

• STEP 3. compute OT premium pay between 5pm -10pm• (30%% of Hwage per hour)+Hwage per hour) x no. of OT hours

• (30% x P300)+300 =P390• X ot hours x 5hours = P1950

• COMPUTATION• 8am-5pm 8hrs x P300 = P2400• 5pm-10pm 5 hours x P390 = P1950• TOTAL TAKE HOME PAY = P4,350