Mock Assessment 2 - Task 8

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Ja98200er
Ja98200er Registered Posts: 8
There seems to be some errors in given answers for part A (see screenshot below)

Basic Pay: 12 x 30 hours = 360
Overtime weekend: 4 x 24 = 96

Are AAT aware of these? can they not update the PDF documents with the corrections?

And for part C the given answer is 14736. Could anyone provide workings to get to this number as I cant work it out.

It would involve...

- Multiplying the total weekly figure by no weeks in a month (usually its 4.5)
- Multiplying that answer by the number of people (6)
- Adding the bonus on for 6 people

With the errors in part A, im not sure if this is an error also?

Any help would be greatly appreciated.





Comments

  • Ja98200er
    Ja98200er Registered Posts: 8
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    This is for the ELCO module by the way
  • Pian32
    Pian32 Registered Posts: 474 Dedicated contributor 🦉
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    There are no errors. Basic pay is made on all hours and then the premium is added separately

    Basic Pay = 40 * 12 = £480
    Week overtime = 6 * 12 * 0.5 = £36
    Weekend overtime = 4*12 = £48

    Total Gross = £564

    For c):

    You are told there are 4 weeks in the month so

    Single employee = 564 * 4 +200 = 2456

    6 Employees = £14,736
    AAT Level 4, MAAT
    ACCA in progress
    F4- Passed Aug 2020
    F5- Passed Dec 2020
    F6- Passed Sep 2020
    F7- Passed June 2021
    F8 - Passed Sep 2021
    F9 - Passed June 2021

    SBL -
    SBR - Passed Mar 22
    ATX - Passed Dec 21
    APM - Passed June 22
  • Ja98200er
    Ja98200er Registered Posts: 8
    edited October 2021
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    Thanks Pian32 for this

    Part C
    Your explanation of this makes sense and I can see they referenced 4 weeks in the question.

    Part A


    BASIC PAY- Where did you get 40 from if its a 30 hour week?

    WEEKEND OVERTIME - 2 x basic pay would surely make the hourly rate 24 (2 x 12) your calculation has just calculated it at the basic pay rate rate (£12 per hour)

    Unless I'm missing something here?
  • Pian32
    Pian32 Registered Posts: 474 Dedicated contributor 🦉
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    Hi Ja98200er

    Basic pay - Yes it's a 30 hour week however the calculations are done so that every hour is recorded as a basic pay then any premium separately. This means that the full 40 hours worked are included in basic pay (36 in the week and 4 weekend) at the basic rate.

    Weekend overtime - This is because the basic rate portion is already accounted for in the basic pay section so although the effective hourly rate is £24, £12 pounds has already been accounted for. This means the additional per hour is 24-12 = £12

    I hope that helps clear it up.

    Pay questions can be a little tricky as they can use 2 different start points for calculation. Either as a basic/premium or as a standard/overtime. It's important to identify which way around it is in the tables. Both calculations should give the same total however so it shouldn't impact future parts to questions.
    AAT Level 4, MAAT
    ACCA in progress
    F4- Passed Aug 2020
    F5- Passed Dec 2020
    F6- Passed Sep 2020
    F7- Passed June 2021
    F8 - Passed Sep 2021
    F9 - Passed June 2021

    SBL -
    SBR - Passed Mar 22
    ATX - Passed Dec 21
    APM - Passed June 22
  • Ja98200er
    Ja98200er Registered Posts: 8
    edited October 2021
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    Hi Pian32

    Ok thanks very much, yes that does clear it up. I do find that approach a little strange however and it adds a layer of uneeded complexity. And from memory, that isnt how is presented to workers on their wage slip. I guess I just havent come across the basic/premium approach at places I've worked at. The main thing I know this is how it can work too.

    I appreciate you taking the time to take me through that.

    Thanks

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