amount of labor that will be charged to factory overhead is
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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13.Gibs Enterprises operates its factory on a two shift basis and pays a late shift differential of 15 percent above the regular wage rate of P18 per hour. The company also pays a premium of 50 percent for overtime work. During the year, work occurred in the following categories. The amount of labor that will be charged to factory
Transcribed Image Text:Number of hours work during the regular shift
10,000
Number of overtime hours for regular shift workers
400
Number of hours work during the late shift
6,000
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