Jessica has a job making baskets. Last week she made a total of 236 baskets. Calculate her gross pay if she is paid on the following differential piecework schedule. Pay Level Items Produced Rate 1. 1-105 $5.10 2 106-255 $6.14 Over 255 $7.78
Q: Jadeja Limited completes Job No. 15 at a cost of $9,000. Jadeja Limited then sold it for $11,500.…
A: Journal entries are the basic method for recording financial transactions in the books of accounts.…
Q: Hartley Uniforms produces uniforms. The company allocates manufacturing overhead based on the…
A: Indirect Cost- Indirect cost refers to the value which aren't directly traceable to a value of a…
Q: Mary Ellis owns a small manufacturing company and would like to develop more accurate estimates for…
A: Regression analysis is a statistical method used to analyze the relationship between two or more…
Q: Company XYZ uses a job order costing system. During the year, Job XY was started and completed. The…
A: Job Order Costing System is the system which starts when customers provide small and unique orders…
Q: Teddy Inc. uses a job costing system. During the month of May, Teddy spent most of its time on job…
A: Overhead allocation: An allocation base,such as direct labor hours,direct labor hours,or machine…
Q: Entry for Factory Labor Costs A summary of the time tickets for the current month follows: Job No.…
A: Labor cost: It can be defined as the total expense incurred on the labor used in the production…
Q: REQUIRED Consider the information given below and calculate the remuneration of Donald for the day.…
A: For computing the earnings available for work there are so many methods used. in which we use…
Q: Presented below are Oriole Company's monthly manufacturing cost data related to its personal…
A: The costs incurred for production are classified as direct and indirect costs. The direct costs are…
Q: Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost per Month Cost…
A: The budget is prepared to estimate the requirements for the period. The activity variance is…
Q: A plumbing repair company has 3 employees and must choose which of 3 jobs to assign each to (each…
A: Job 1 must be assigned to Employee A as he incurs the lowest cost ie 45. Job 2 must be assigned to…
Q: Rate per hour = $1.50 per hour Time allowed for job = 20 hours Time taken = 15 hours. Calculate…
A: The effective annual interest rate is the return on an investment or the rate owed in interest on a…
Q: upposing a handicraft company pays its workers as follows: 1-20 units produced = P 75.00 ; 21-50…
A: Solution: As worker completed 80 hand crafter products, therefore his gross wages falls in highest…
Q: DIRECT COST PER SUPERVISORPER MONTH Sum of GROSS PAY Column Labels Direct Direct Total Rov Labels…
A: While computing the costs involved in the production of goods, direct and indirect costs are…
Q: A manager checked production records and found that a worker produced 155 units while working 50…
A: a) Formula to calculate productivity is as follows: Productivity=Output/Labour Hour Calculate the…
Q: Entry for Factory Labor Costs The weekly time tickets indicate the following distribution of labor…
A: Labor cost is the expense incurred which shall form part of direct expense that was incurred for the…
Q: The following data relates to M/s. ZULFIQAR Co. for the month of August 2020 (who maintains Job…
A: Job order costing keeps a record of prime costs in order to allocate direct materials and direct…
Q: 1. From the following particulars, You are required to calculate total wages under Hallsay premium…
A: Here in this question we are required to calculate total wages in the Hall say premium plan. In this…
Q: What is Cost of Goods Sold for the month?
A: Cost of goods sold: Cost of goods sold is the total of all the expenses incurred by a company to…
Q: The weekly time tickets indicate the following distribution of labor hours for three direct labor…
A: The financial transactions are recorded in the form of journal entry.
Q: Instructions Chart of Accounts ASSETS REVENUE Lockmiller Company estimates that total factory…
A: Predetermined factory overhead rate = Estimated Factory Overhead costs / Estimated Direct labor…
Q: Q1. Compute the overhead allocated to each project in 2017 using the simple costing system that…
A:
Q: What is the journal entry to record a sale of a completed job for $10,000 with terms of n/60. Group…
A: Job Order: The job ad, also known as the requisition, is referred to as the job order. Once a…
Q: Requirement 1. Compute the total amount of direct materials, direct labor, and manufacturing…
A: Lets understand the basics.Job cost is a total of the direct material, direct labor and overhead…
Q: The Fielder manufacturing company uses job order costing system. The company uses machine hours to…
A: 4th Bullet Point: Cost of goods completed is given = $564,0000 ($324,000 + $240,000)
Q: You are the payroll manager for a women's apparel company. Your workers are paid per garment sewn on…
A: Given: Pay Level Garments Produced Rate per Garment 1 1—50 $2.60 2 51—100 $3.25 3 101—150…
Q: Entry for Factory Labor Costs A summary of the time tickets for the current month follows: Job No.…
A: First, compute the direct labor costs as shown below: Total direct labor costs = $1,630 + $1,350 +…
Q: Revenue Technician wages Mobile lab operating expenses Office expenses Advertising expenses…
A: The variance is the difference between the actual and flexible budget data. The variance can be…
Q: 2. Find a worker's gross pay if the worker is paid a straight piecework rate of P25 for each…
A: The question is related Gross pay based on piece rate. Gross pay = Rate per piece × Total peice
Q: Data relating to labor costs is given below. Manufacturing labor is paid 30 TL per hour and…
A: Wages: It is the payment received by the labor in exchange for his services. The wage depends on…
Q: Company XYZ uses a job order costing system. During the year, Job XY was started and completed. The…
A: Total manufacturing cost per unit = Total manufacturing cost / Total no. of units = $15,000 / 100…
Q: . Kelsey Newberg is a robotics technician. She earns $21.50 per hour for 40 hours and time and a…
A: Hi student Since there are multiple questions, we will answer only first question
Q: 8/31/21 9/1/21 9/30/21 10/1/21 10/31/21 Paid monthly expenses: Selling expenses General and…
A: Journal entries: Journal entries are the primary recording makes in the books of account. All the…
Q: Entry for Factory Labor Costs The weekly time tickets indicate the following distribution of labor…
A: Work in progress= job hours *rate per hour Landon= (17+13+7)*$20= $740 Fahad=(12+17+13)*$22=$924…
Q: 2 ef 1 Required information [The following information applies to the questions displayed below]…
A: Predetermined Overhead Rate :— It is the rate used to allocate manufacturing overhead to cost…
Q: Gall Schneeweis is a nurse at Central City Hospital. She is paid $36.24 per hour and has a 40-hour…
A: Lets understand the basics.Gross pay of the employee includes the normal pay and overtime pay.…
Q: Keenan Company accumulated 650 hours of direct labor costs on Job 200 and 7801 hour for Job 200 and…
A: Answer : Account title Debit Credit Work in progress a/c Dr. $23,790 To Wages payable a/c…
Q: Jeffrey estimates that the normal usage is 120,000 hours in a typical year. Manufacturing overhead…
A: In this Question , First we need to calculate is the Predetermined overhead rate Because the…
Q: Langson is a manufacturing company. The following costs are found in its General Ledger Accounts for…
A: a) Total Cost of production includes all the costs that are related to the production of the goods.…
Q: Mr. Abdul is a general manger of Al Nizwa Production LLC. Mr. Abdul has provided the following cost…
A: Formula: Profit to Cost = ( Profit / Total cost ) x 100
Q: From the following particulars you are required to prepare a statement of labour cost showing the…
A: The solution is here below
Q: The auto repair shop of Quality Motor Company uses standards to control the labor time and labor…
A: Given information is: Standard hours per tuneup= 2.50 Number of tuneups = 50 Standard hours = Number…
Q: Mr. Abdul is a general manger of Al Nizwa Production LLC. Mr. Abdul has provided the following cost…
A: Formula: Net income = Revenues - Expenses
Q: 8. Compute the ending balance in Work in Process. Assume that this balance consists entirely of…
A:
Q: a. The amount of overhead to be added to the cost of each job completed. b. The total cost of each…
A: Step 1 Under actual cost system, Cost is allocated to each job on the basis of actual cost incurred…
Q: Standards for Nonmanufacturing Expenses CodeHead Software Inc. does software development. One…
A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: a. Which employee is assigned to job 1? (Click to select) b. Which employee is assigned to job 2?…
A: Hi There, thanks for posting the question. But as per Q&A guidelines, we must answer the first…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Rachael has a job assembling a certain car accessory. Last month she made a total of 424 items. Calculate her gross pay (in $) if she is paid on the following differential piecework schedule. Pay Level Items produced Rate per Item 1 1–160 $9.78 2 Over 160 $11.61 $ _____Your Company uses a predetermined overhead rate based on machine hours to apply manufacturing overhead to jobs. Last year, the company worked 38,500 direct labor-hours and incurred $756,800 of actual manufacturing overhead cost. Overhead was over-applied by $5,000. What was the predetermined overhead rate? (Round to two digits if necessary.) Group of answer choices $19.15 $19.66 $19.79 $19.53 $19.50The managing director of a consulting group has the accompanying monthly data on total overhead costs and professional labor hours to bill to clients. Complete parts a through c. Click the icon to view the monthly data. a. Develop a sim Overhead Costs (Round the const Monthly Overhead Costs and Billable Hours Data Overhead Costs Billable Hours $385,000 2,000 $425,000 3,000 $445,000 4,000 $496,000 5,000 $560,000 6,000 $580,000 7,000 - clude the $ symbol in your answers.)
- Job Costs Using Activity-Based Costing Heitger Company is a job-order costing firm that uses activity-based costing to apply overhead to jobs. Heitger identified three overhead activities and related drivers. Budgeted information for the year is as follows: Activity Cost Driver Amount of Driver Materials handling $88,800 Number of moves 4,000 Engineering 117,600 Number of change orders 8,000 Other overhead 174,800 Direct labor hours 46,000 Heitger worked on four jobs in July. Data are as follows: Job 13-43 Job 13-44 Job 13-45 Job 13-46 Beginning balance $23,400 $19,200 $4,700 $0 Direct materials $5,800 $9,600 $13,400 $10,100 Direct labor cost $950 $1,010 $1,590 $110 Job 13-43 Job 13-44 Job 13-45 Job 13-46 Number of moves 46 46 33 Number of change orders 35 37 17 23 Direct labor hours 950 1,010 1,590 110 By July 31, Jobs 13-43 and 13-44 were completed and sold. Jobs 13-45 and 13-46 were still in process.The weekly time tickets indicate the following distribution of labor hours for three direct labor employees: Hours Job 301 Job 302 Job 303 ProcessImprovement Landon Vincent 17 13 9 4 Fahad Hamad 10 13 13 3 Ivory Argo 11 17 8 5 The direct labor rate earned per hour by the three employees is as follows: Landon Vincent $23 Fahad Hamad 17 Ivory Argo 20 The process improvement category includes training, quality improvement, and other indirect tasks. Question Content Area a. Journalize the entry to record the factory labor costs for the week. If an amount box does not require an entry, leave it blank. blank - Select - - Select - - Select - - Select - - Select - - Select -Compute Dale Earnhardt's earnings knowing that $15.55 per hour is paid for Job A and $19.65 per hour is paid for Job B. Of the 48 hours worked during the week, 20 hours were completed for Job A and 28 hours were completed for Job B. Higher Rate for Overtime Hours Regular Hours, Job A Regular Total Pay, Job A Regular Hours, Job B Regular Total Pay, Job B Overtime Hours Overtime Total Pay Total Gross Pay Based on Actual Hours Worked Regular Hours, Job A Regular Total Pay, Job A Regular Hours, Job B Regular Total Pay, Job B Overtime Hours Overtime Total Pay Total Gross Pay Rate after the 40th Hour Note: In this scenario, the overtime hours can be attributed to Jop A. Regular Hours, Job A Regular Total Pay, Job A Regular Hours, Job B Regular Total Pay, Job B Overtime Hours Overtime Total Pay Total Gross Pay
- Please answer correct with good presentation using commas and dollar sign in each figureData relating to labor costs is given below. Manufacturing labor is paid 30 TL per hour and supporting labor is paid 20 TL per hour. For overwork, 50% additional payment is made. Manufacturing Labor Normal working -3000 hours In week overworking -200 hours Weekend holiday- 500 hours Supporting Labor Normal working-600 hours Weekend holiday-100 hours Employer’s Social Security Premium and Unemployment Premium rates are 20% and 2% respectively. Employees’ Social Security Premium and Unemployment Premium rates are 14% and 1% respectively. Income Tax rate is 20% (Stamp Duty is neglected). Company classifies manufacturing labor hours’ cost and employer’s contribution relating to this cost as direct labor cost. Other labor costs are classified as indirect labor cost. Required: a) Gross wage b) Total labor costs c) Direct Labor Costs d) Indirect Labor Costs e) Net wage (Due to Personnel) f) Social Securities and Unemployment Premiums Payable (Employer + Employee)Standards for Nonmanufacturing Expenses CodeHead Software Inc. does software development. One important activity in software development is writing software code. The manager of the WordPro Development Team determined that the average software programmer could write 25 lines of code in an hour. The plan for the first week in May called for 4,650 lines of code to be written on the WordPro product. The WordPro Team has five programmers. Each programmer is hired from an employment firm that requires temporary employees to be hired for a minimum of a 40-hour week. Programmers are paid $32.00 per hour. The manager offered a bonus if the team could generate more lines for the week, without overtime. Due to a project emergency, the programmers wrote more code in the first week of May than planned. The actual amount of code written in the first week of May was 5,650 lines, without overtime. As a result, the bonus caused the average programmer's hourly rate to increase to $40.00 per hour during…
- a. Incurred $105,000 of direct labor in its Mixing department and $90,000 of direct labor in its Shaping department. Hint. Credit Factory Wages Payable. b. Incurred indirect labor of $23,000. Hint. Credit Factory Wages Payable. View transaction list Journal entry worksheetHi! Can you help me with this? Our topic is about Accounting for Merchandising business. Thank you!Calculate the remuneration of Mary for the day using Taylor's differential piecework system from the following information.