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    13 Month Pay PHP 26,250.00 Solution: Daily Rate

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    Jenny Rose Castro Fernandez
    Amy earns a basic monthly salary of Php 35,000 and has worked for 9 months with no unpaid leave. Her total annual income is Php 315,000. To calculate her 13th month pay, her annual income is divided by 12 months, which equals Php 26,250.

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    13 Month Pay PHP 26,250.00 Solution: Daily Rate

    Uploaded by

    Jenny Rose Castro Fernandez
    52 views1 page
    Amy earns a basic monthly salary of Php 35,000 and has worked for 9 months with no unpaid leave. Her total annual income is Php 315,000. To calculate her 13th month pay, her annual income is divided by 12 months, which equals Php 26,250.

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    Activity 2

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    Amy earns a basic monthly salary of Php 35,000 and has worked for 9 months with no unpaid leave. Her total annual income is Php 315,000. To calculate her 13th month pay, her annual income is divided by 12 months, which equals Php 26,250.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    52 views1 page

    13 Month Pay PHP 26,250.00 Solution: Daily Rate

    Uploaded by

    Jenny Rose Castro Fernandez
    Amy earns a basic monthly salary of Php 35,000 and has worked for 9 months with no unpaid leave. Her total annual income is Php 315,000. To calculate her 13th month pay, her annual income is divided by 12 months, which equals Php 26,250.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    Answer the following, show your solution.

    1. Amy is a call center agent. She is earning a basic salary of Php 35,000 per
    month. She had worked for 9 months with no unpaid leave. How much is her
    13th month pay?

    Basic Monthly Salary Php 35,000.00


    Daily rate Php 1,750.00
    Length of employment for the calendar year 9 months
    Unpaid Leave 0
    Total annual income (minus unpaid absences) Php 315,000.00
    th
    13 month pay Php 26,250.00

    Solution:

    Daily rate

    Basic monthly salary = Daily rate


    20

    35,000.00 = 1,750.00
    20

    Total annual income

    Basic monthly salary x Length of employment = Total annual income

    35,000.00 x 9 = 315,000

    13th month pay


    Annual Basic Salary (minus unpaid absences) /12 months = 13th month pay
    Php 315,000.00 = Php 26,250.00

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