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Suppose a company can hire either one upper-level manager for P 450,000 or 3 rank and…

Suppose a company can hire either one upper-level manager for P 450,000 or 3 rank and file employees for P 150,000 each. Upper- level manager will be given by the company with P...

Suppose a company can hire either one upper-level manager for P 450,000 or 3 rank and file employees for P 150,000 each. Upper- level manager will be given by the company with P 180,000 worth of fringe benefits while the three rank and file employees will be given P 60,000 worth of benefits each. Required: Compute for the following: 1. employer share of SSS, PHIC, and Pag-ibig 2. fringe benefits tax 3. Which do you think is more beneficial to the company, to hire an upper level manager of to hire 3 rank and file employees? Explain your answer. manager Rank and file 1 Rank and file 2 Rank and file w Gross Pay 450,000 150,000 SSS, PHIC, ? Pag-ibig- ER share Fringe benefits 180,000 60,000 Fringe benefits tax TOTAL 52. Accessibility Good t ” Focus
will you give solution for SSS, PhilHealth, and PAG-IBIG please make it one by one solution thank you.

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