16. The following data of JYD Corp. Workers idle time are as follows: Normal Idle Time Abnormal Idle time Wage Rate/hr. P400 2 hrs 2 hrs 6 hrs Mr. Gom, Factory Supervisor Mr. Bur, Factory laborer Mr. Za, Factory laborer 8 hrs 250 8 hrs 2 hrs. 250 Prepare the journal entry to record the idle time of the three workers.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Please answer number 16

15. The following are data available for the month of September 2021 of Saint James Corp.
Gross Earnings
P8,500,000
Deductions:
SSS Contribution
425,000
85,000
85,000
2,125,000
Philhealth
Pag-ibig
Witholding taxes
Determine the following:
A. Accrued payroll
B. Amount charged to Worked in Process account
16. The following data of JYD Corp. Workers idle time are as follows:
Normal Idle Time Abnormal Idle time
Wage Rate/hr.
Mr. Gom, Factory Supervisor
Mr. Bur, Factory laborer
Mr. Za, Factory laborer
6 hrs
2 hrs
P400
8 hrs
2 hrs
250
8 hrs
2 hrs.
250
Prepare the journal entry to record the idle time of the three workers.
Transcribed Image Text:15. The following are data available for the month of September 2021 of Saint James Corp. Gross Earnings P8,500,000 Deductions: SSS Contribution 425,000 85,000 85,000 2,125,000 Philhealth Pag-ibig Witholding taxes Determine the following: A. Accrued payroll B. Amount charged to Worked in Process account 16. The following data of JYD Corp. Workers idle time are as follows: Normal Idle Time Abnormal Idle time Wage Rate/hr. Mr. Gom, Factory Supervisor Mr. Bur, Factory laborer Mr. Za, Factory laborer 6 hrs 2 hrs P400 8 hrs 2 hrs 250 8 hrs 2 hrs. 250 Prepare the journal entry to record the idle time of the three workers.
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