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good afternoon everybody and welcome to jr. cycle business studies today Im just flying through some of the short answer section II questions from the junior cycle business studies sample paper ok and for this video I am going to concentrate on question 13 and question 13 is all about wage slips so this is a fairly basic wage slip but at the same time its only easy when you know how question 13 says complete the following way slip showing gross pay total deductions and net pay so we can see down here that we have three boxes with bold lines around thats where you put your answers okay so the first thing we must do is add up our basic pay plus our overtime to get our gross pay so its five four four plus one six inch equals 712 okay basic pay is what we earn usually from an hourly rate overtime is an agreed-upon rate I suppose for any hours done on top of your agreed hours okay and this is usually calculated at time and a half or double time sometimes triple time if youre lucky oka
