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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
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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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
Transcribed Image Text: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
Transcribed Image Text: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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