How much is Work in Process-Direct Labor?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
How much is Work in Process-Direct Labor?

Transcribed Image Text:NN Company operates on a 6-day week, with time and one-quarter for all hours over eight
during the regular days. The time cards for the week ending November 30 showed:
Wed
8
8
No.
Fri
8
Name
001 Jake
Tibs
Ramon
Teddy
Art
Rene
Aga
Mon
8
Tues
Thurs
8
8
Sat
8
Rate/hr
P120
80
8
002
8
6
7
4
003
8
8
8
70
004
8
8
8
9
8
4
70
70
80
80
005
8
8
8
006
9
8
4
007
8
8
4
4

Transcribed Image Text:An analysis of the job time tickets and payroll records showed:
Thurs
8
No. Job No.
001 Supervisor
002 701
702
003
Tues
8
7
Wed
Fri
Sat
Mon
8
8
8
8
6
6
2
1
7
4
701
702
8
4
8
8
8
5
004
702
4
4
703
8
6
2
7
8
6
005
703
4
7
3
704
2
5
006
704
4
7
6
4
4
4
705
704
2
4
007
8
4
3
4
4
705
5
6
Previous earnings in June (November 1- 24)
No.
001 19,210.00
002
003
004
005
006
007
16,204.00
12,814.00
12,706.00
12,528.00
16,102.00
14,538.00
TC
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