Carmela Factory provides for an incentive scheme for its factory workers which features a combined minimum guaranteed wage of P875 per week and piece rate of P11.25. Production report for the week show: Employee Units produced H 67 U 78 R 80 R 82 A 72 Y 75 а. Р5,325 What amount should be charge to factory overhead? b. Р5, 275 c. P5,217.50 d. P217.50

Carmela Factory provides for an incentive scheme for its factory workers which features a combined minimum guaranteed wage of P875 per week and piece rate of P11.25. Production report for the week show: Employee Units produced H 67 U 78 R 80 R 82 A 72 Y 75 а. Р5,325 What amount should be charge to factory overhead? b. Р5, 275 c. P5,217.50 d. P217.50

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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please explain in steps, thanks
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