The CEO of Lonsdale Enterprise desires to identify the labor costs incurred in the company's operations.

Th

Monthly salary (Fixed) Php 30,000

Employer's monthly contribution to government 7.2%
Leave benefit per month 1 day
Healthcare cost per head Php 1,000/month
Monthly pension plan allocation 3%
Working hours 8 hours a day, 25 days in a month

A. Total labor cost per month

Given Cost Monthly Cost Equival

Monthly Salary 30,000 30,000
Employer's Contribution to Government 7.2% 2
Leave Benefit 1 1,20
Healthcare cost per head in a month (fixed) 1000
Monthly Pension Plan Allocation 3%
Total 35,260.00

B. Percentage weight of the monetary benefit, non-monetary benefit, and deferred monetary benefit.

Given Monthly Cost Equivalent

Monetary Benefit
Monthly salary 30,000.00
Employer's contribution to government 2,160.00
32,160.00
Non-monetary Benefit
Leave benefit 1200.00
Healthcare cost per head in a month 1,000.00
2,200.00
Deferred Monetary Benefit

Monthly pension plan allocation 900

TOTAL 35,260.00

C. Percentage of cost relevant to the sales of total labor cost, given that there are 30 employees in the com
and the company's revenue is Php1,300,000 monthly

Total employees 30
Cost per employee in a month 35,260.00
Total labor cost per month 1,057,800.00

Total monthly revenue 1,300,000

Labor cost percentage to sales 81.37%
company's operations. The following data is available:

30,000
2%
day
00/month
3%
5 days in a month

Monthly Cost Equivalent

30,000
2,160
1,200.00
1,000
900
35,260.00

ed monetary benefit.

Percentage

85.08%
6.13%
91.21%

3.40%
2.84%
6.24%

2.55%

100%

e 30 employees in the company

ly