Problem 1. Complete the missing information in the payroll of Angara Manufacturing Co. for the...

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Accounting

Problem 1. Complete the missing information in the payroll of Angara Manufacturing Co. for the month of April 2022:

Factory Payroll:

Employee No. Employee Name Regular Earnings OT Premium Gross Pay Taxes W/Held SSS PHIC Pag-IBIG Total Deductions Net Pay SSS EC PHIC Pag-IBIG Total
21 Aragon, T. 18,750.00 450.00 19,200.00
22 Babon, R. 17,760.00 187.50 17,947.50
23 Calda, S. 15,570.00 320.00 15,890.00
24 Dalag, M. 12,230.00 200.00 12,430.00
25 Egan, P. 16,985.00 447.50 17,432.50
26 Fabron, L. 10,225.00 228.50 10,453.50

Problem 2. The information below, taken from the daily time tickets of a producing department, summarizes time and piecework for the WEEK ended April 30, 2022.

Employee Clock no. Job no. Hours worked Units produced Hourly rate Piece rate

Weekly rate

Aura 21 101 40 960 2.00
Baron 22 201 39 950 1.50
Carrey 23 301 40 965 1.75
Darren 24 41 32.00
Eronico 25 43 29.50
Farrah 26 41 2,650.00
Garra 27 40 1,050.00

Use ONLY the information below in your computations:

1. The company operates on a 40 hour week and pays time and 150% for overtime.

2. The income tax withheld is 5%; SSS rate is 4.5% for employees and 8.5% for employers; HDMF is 2% for both employees and employers; and PHIC is 3.5% for both employees and employers.

3. Darren works in the stockroom issuing materials; Eronico is the factory foreman. Farrah is the factory supervisor and Garra is the factory janitor.
Required:
a. Compute the net pay of the employees. Write your answer below:
Aura
Baron
Carrey
Darren
Eronico
Farrah
Garra
b. Determine the TOTAL amount to be charged to the following:
Work in process
FOH Control

c. Determine the TOTAL amount to be remitted to the following:

BIR
SSS
HDMF
PHIC

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