Assume an assembly line worker records the following time for a normal 40-hom week, and assume the worker is paid $20 per hour. 10 hours working on Product A 12 hours working on Product B 7 hours working on Product C 5 hours working on Product D 3 hours idle time due to a power outage 3 hours cleaning up the factory + What amount of the assembly line worker's wages would be considered directi overhead, and period costs? Direct Labor Overhead Period costs

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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O
a.
O b.
8.
0 с.
O d.
Assume an assembly line worker records the following time for a normal 40-hour work
week, and assume the worker is paid $20 per hour.
10 hours working on Product A
12 hours working on Product B
7 hours working on Product C
5 hours working on Product D
3 hours idle time due to a power outage
3 hours cleaning up the factory
What amount of the assembly line worker's wages would be considered direct labor,
overhead, and period costs?
Direct Labor
a.
b.
C.
e.
d.
740
740
680
680
680
Overhead
60
0
120
0
60
Period costs
0
60
0
120
60
Transcribed Image Text:O a. O b. 8. 0 с. O d. Assume an assembly line worker records the following time for a normal 40-hour work week, and assume the worker is paid $20 per hour. 10 hours working on Product A 12 hours working on Product B 7 hours working on Product C 5 hours working on Product D 3 hours idle time due to a power outage 3 hours cleaning up the factory What amount of the assembly line worker's wages would be considered direct labor, overhead, and period costs? Direct Labor a. b. C. e. d. 740 740 680 680 680 Overhead 60 0 120 0 60 Period costs 0 60 0 120 60
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