3. Mike G, a production employee is paid P180 per hour for a regular ork of 40 hours. During the week ended March 23, Mike G worked 50 hours and earned time and a half for overtime hours. What is the amount that should be charged to Work in Process account if the overtime premium is charged to production worked on during the overtime hours? а. Р9,000 b. Р9,900 c. P8,900 d. P9,500
3. Mike G, a production employee is paid P180 per hour for a regular ork of 40 hours. During the week ended March 23, Mike G worked 50 hours and earned time and a half for overtime hours. What is the amount that should be charged to Work in Process account if the overtime premium is charged to production worked on during the overtime hours? а. Р9,000 b. Р9,900 c. P8,900 d. P9,500
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter3: Accounting For Labor
Section: Chapter Questions
Problem 1E: R. Herbert of Crestview Manufacturing Co. is paid at the rate of 20 an hour for an eight-hour day,...
Related questions
Question
![Labor Accounting-Control and Costing
work of 40 hours. During the week ended March 23, Mike G worked
3. Mike G, a production employee is paid P180 per hour for a regular
185
Kike G, a production employee is paid Pl180 per hour for a regular
Sk of 40 hours. During the week ended March 23, Mike G worked
o hours and earned time and a half for overtime hours.
What is the amount that should be charged to Work in Process account
if the overtime premium is charged to production worked on during
the overtime hours?
а. Р9,000
b. Р9,900
с. Р8,900
d. P9,500
4. Using the data in No. 3, what is the amount that should be charged to
Work in Process account, if the overtime premium is charged to
manufacturing overhead?
а. Р9,000
b. P9,900
c. P8,900
d. P9,500
5. Four factory workers and a supervisor make a team in the Machining
Department. The supervisor earns P100 per hour, and the combined
hourly charge of the four workers is P320. Each employee is entitled
to a 2-week paid vacation and a bonus equal to 4 week's wages each
year. Vacation pay and bonuses are treated as indirect costs and are
accrued over the 50 week work year. A provision in the union contract
does not allow. these employees to work in excess of 40 hours per
week.
What is the amount to be charged to Manufacturing Overhead Control
account?
a. P 1,344
b. P 2,016
C. P20,000
d. P 6,720](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa24fc71a-824b-4b35-9c77-355a8e400851%2F39cbcaa9-9cce-408b-ae1e-57bc8020d545%2F52k1yv_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Labor Accounting-Control and Costing
work of 40 hours. During the week ended March 23, Mike G worked
3. Mike G, a production employee is paid P180 per hour for a regular
185
Kike G, a production employee is paid Pl180 per hour for a regular
Sk of 40 hours. During the week ended March 23, Mike G worked
o hours and earned time and a half for overtime hours.
What is the amount that should be charged to Work in Process account
if the overtime premium is charged to production worked on during
the overtime hours?
а. Р9,000
b. Р9,900
с. Р8,900
d. P9,500
4. Using the data in No. 3, what is the amount that should be charged to
Work in Process account, if the overtime premium is charged to
manufacturing overhead?
а. Р9,000
b. P9,900
c. P8,900
d. P9,500
5. Four factory workers and a supervisor make a team in the Machining
Department. The supervisor earns P100 per hour, and the combined
hourly charge of the four workers is P320. Each employee is entitled
to a 2-week paid vacation and a bonus equal to 4 week's wages each
year. Vacation pay and bonuses are treated as indirect costs and are
accrued over the 50 week work year. A provision in the union contract
does not allow. these employees to work in excess of 40 hours per
week.
What is the amount to be charged to Manufacturing Overhead Control
account?
a. P 1,344
b. P 2,016
C. P20,000
d. P 6,720
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