Alex worked 52 hours during the week. His normal working week consists of 40 hours, of which 36 hours were spent on production while the remaining 4 hours were idle time. Overtime is paid at time and a half. However, it is the policy of the company to pay staff 200% of the normal wage rate after the first three hours of overtime on any working day. Alex worked 6 hours of overtime on a job for which the customer required the work to be completed on the same day. Alex's normal wage rate is $12 per hour. The rest of the week Alex did not work more than three hours of overtime on any one day. How much of Alex's gross pay would be charged as direct labour? Select one: a. $714 b. $624

Alex worked 52 hours during the week. His normal working week consists of 40 hours, of which 36 hours were spent on production while the remaining 4 hours were idle time. Overtime is paid at time and a half. However, it is the policy of the company to pay staff 200% of the normal wage rate after the first three hours of overtime on any working day. Alex worked 6 hours of overtime on a job for which the customer required the work to be completed on the same day. Alex's normal wage rate is $12 per hour. The rest of the week Alex did not work more than three hours of overtime on any one day. How much of Alex's gross pay would be charged as direct labour? Select one: a. $714 b. $624

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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