Worker's Compensation Annual Earning Limit

The question is at the end of this post.

F069216 Workers' Compensation Rates table, the following field:

%H (percentage of hours): Enter the code that indicates whether workers’ compensation insurance is based on a percentage of employees’ pay or on the number of hours that the employees work. Values are: 

%:Percent of gross.

1:Annual Limit/Percent of Gross.2:Annual Limit/Hours.3:Monthly Limit/Percent of Gross.4:Monthly Limit/Hours.5:Canadian Modified Pro-rating (45 Weeks).6:Annual Limit/Percent of Gross (Includes all codes for an employee.)7:Quarterly Limit/Hours8:Weekly Limit/Percent of GrossH:Percent of Hours Worked

The Scenario:

IF for the same combination of "