Subjects business math

Payslip Analysis

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Payslip Analysis


1. **Problem Statement:** Analyze Ms Kiwi's payslip and answer related questions about her occupation, UIF, deductions, net pay, overtime, salary increase, and dog grooming weights. --- ### 1.1 Payslip Questions 1.1.1 **Occupation:** Ms Kiwi's occupation is **Dog washer/Groomer**. 1.1.2 **UIF Meaning:** UIF stands for **Unemployment Insurance Fund**. 1.1.3 **Calculate UIF Contribution (A):** - UIF is typically 1% of the total payment. - Total Payment = R9,300 - UIF = 1% of 9,300 = $\frac{1}{100} \times 9300 = 93$ 1.1.4 **Calculate Total Deductions (B) and Net Pay (C):** - PAYE = R1,102.50 - UIF = R93 (from above) - Total Deductions $B = 1102.50 + 93 = 1195.50$ - Net Pay $C = \text{Total Payment} - \text{Total Deductions} = 9300 - 1195.50 = 8104.50$ 1.1.5 **Overtime Payment Calculation:** - Overtime hours = 26 - Overtime rate = R75 per hour - Overtime payment = $26 \times 75 = 1950$ 1.1.6 **Basic Salary Increase:** - Current Basic Salary = R7,350 - Increase = 8.3% = $\frac{8.3}{100} = 0.083$ - New Basic Salary = $7350 \times (1 + 0.083) = 7350 \times 1.083 = 7963.05$ --- ### 1.2 Dog Grooming Weights Graph 1.2.1 **Type of Graph:** The graph is a **bar chart**. 1.2.2 **Number of Dogs Groomed:** Sum frequencies: $3 + 2 + 6 + 7 + 4 + 3 + 2 + 1 + 1 = 29$ 1.2.3 **Modal Weight(s):** The weight with highest frequency is 138.5 lbs (frequency 7). 1.2.4 **Unit "lb":** The abbreviation "lb" stands for **pounds**, a unit of mass. --- **Final answers:** - Occupation: Dog washer/Groomer - UIF: Unemployment Insurance Fund - UIF Contribution (A): 93 - Total Deductions (B): 1195.50 - Net Pay (C): 8104.50 - Overtime Payment: 1950 - New Basic Salary: 7963.05 - Graph Type: Bar chart - Number of Dogs: 29 - Modal Weight: 138.5 lbs - Unit lb: pounds