PLS ANSWER AND SHOW SOLUTION PO F & B Company pays time and a half for hours in excess of 40 hours peT week. Anindividual is paid P24.00 per hour and worked 44 hours a week.12.. The weekly earnings of the employee will amount toа..960b..Р 1,032с.P 1,104d..P 1,036 Escudero Manufacturing Co. has provided you with the following informationP 135,000100,000175,000Raw materials purchasedBeginning raw materials inventoryEnding raw materials inventoryFactory overhead (including P85,000 of indirectlabor and P 20,000 of indirect materials)Total manufacturing cost227,500960,00013. Direct labor cost for the year amounted toа Р677,500b. Р 382,500с.. Р 642,500d. P 692,500

The total earnings of an employee will include all the income earned during the payroll period. It…

F & B Company pays time and a half for hours in excess of 40 hours per week. An individual is paid P24.00 per hour and worked 44 hours a week. (12.. The weekly earnings of the employee will amount to а.. P 960 P 1,032 P 1,104 b.. с.. d.. P 1,036

F & B Company pays time and a half for hours in excess of 40 hours per week. An individual is paid P24.00 per hour and worked 44 hours a week. (12.. The weekly earnings of the employee will amount to а.. P 960 P 1,032 P 1,104 b.. с.. d.. P 1,036

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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Question

PLS ANSWER AND SHOW SOLUTION PO

F & B Company pays time and a half for hours in excess of 40 hours peT week. An
individual is paid P24.00 per hour and worked 44 hours a week.
12.. The weekly earnings of the employee will amount to
а..
960
b..
Р 1,032
с.
P 1,104
d..
P 1,036

Escudero Manufacturing Co. has provided you with the following information
P 135,000
100,000
175,000
Raw materials purchased
Beginning raw materials inventory
Ending raw materials inventory
Factory overhead (including P85,000 of indirect
labor and P 20,000 of indirect materials)
Total manufacturing cost
227,500
960,000
13. Direct labor cost for the year amounted to
а Р677,500
b. Р 382,500
с.. Р 642,500
d. P 692,500

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