THOMAS AKPA May 21, 2021 at 3:54 pm My questions of Module 7, started from number 9, hope my question is complete? Log in to Reply
Adeola Shotuminu April 27, 2022 at 3:38 pm Solution To Assignment: 9. Dells Basic Salary= 60% of his annual gross= 60% of 1,800,000= 1,080,000 Dells Monthly Basic is 1080000/12 = 90,000 Dells NHF if he worked a full month in January; – Using working days: 21/21* 90000= 90000 NHF= 2.5 % * 90000= 2500 -Using Working and Non working days: 30/30* 90000= 90000 NHF = 2.5% *90000= 2500 B. He resumed 5th of January 2021 -Using working days: 19/21 * 90,000=81,428.57 NHF: 2.5% * 81,428.57= 2,032.71 – Using working and non-working days: 27/30*90000=81,000 NHF: 2.5%*81,000= 2,025 C. He resumed 1st January 2021 and resigned 21st Jan 2021: – Using working days: 15/21*90,000= 64,285.71 2.5%*64285.71= 1,607.14 – Using working days and non working days: 21/30 * 90,000= 63,000 – NHF : 2.5% * 63,000= 1,575 D. Resumed 5th Resigned 21st Jan 2021 – Using working days: 13/21*90,000= 55,714.29 NHF: 2.5%*55714.29= 1,392.86 – Using working and non working days: 17/30* 90000=51,000 NHF:2.5%*51000=1,275 10. NSITF of XYZ = 1% * 10,000,000 = 100,000. Log in to Reply
agiwon November 22, 2023 at 4:55 pm it is getting more interesting, doing my best, but will have to go through some of the modules. great delivery. Log in to Reply
My questions of Module 7, started from number 9, hope my question is complete?
Solution To Assignment:
9. Dells Basic Salary= 60% of his annual gross= 60% of 1,800,000= 1,080,000
Dells Monthly Basic is 1080000/12 = 90,000
Dells NHF if he worked a full month in January;
– Using working days: 21/21* 90000= 90000
NHF= 2.5 % * 90000= 2500
-Using Working and Non working days: 30/30* 90000= 90000
NHF = 2.5% *90000= 2500
B. He resumed 5th of January 2021
-Using working days: 19/21 * 90,000=81,428.57
NHF: 2.5% * 81,428.57= 2,032.71
– Using working and non-working days: 27/30*90000=81,000
NHF: 2.5%*81,000= 2,025
C. He resumed 1st January 2021 and resigned 21st Jan 2021:
– Using working days: 15/21*90,000= 64,285.71
2.5%*64285.71= 1,607.14
– Using working days and non working days: 21/30 * 90,000= 63,000
– NHF : 2.5% * 63,000= 1,575
D. Resumed 5th Resigned 21st Jan 2021
– Using working days: 13/21*90,000= 55,714.29
NHF: 2.5%*55714.29= 1,392.86
– Using working and non working days: 17/30* 90000=51,000
NHF:2.5%*51000=1,275
10. NSITF of XYZ = 1% * 10,000,000 = 100,000.
it is getting more interesting, doing my best, but will have to go through some of the modules. great delivery.
Thank you