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In this video tutorial, the focus is on answering Question 13 from the junior cycle business studies sample paper, which is about completing a wage slip. The key points covered are understanding gross pay, total deductions, and net pay. Gross pay is calculated by adding basic pay and overtime. Basic pay is what we earn from an hourly rate, while overtime is an agreed-upon rate for extra hours worked. Overtime is usually calculated at time and a half or double time. Completing the wage slip involves filling in the boxes for gross pay, deductions, and net pay.
