6. Using the data in No. 5, what is the estimated liability for bonus?She is also paid an additional P1,092.80 in benefits for the 2 weekWhat is the amount to be charged to Work in Process for employeeNo. 106 for the 2-week period, assuming that any overtime work isChigie'SLa186a. P-0-b. Р 1,344c. P 6,720d. P20,1607. Using the data in No. 5, what is the estimated liability for vacaticepay?10a. Р -0-b. P20,160с. Р 1,344Sedd. P6728. The pay stub of Jing Guerrero, employee No. 106 who works on theproduction line, showed the following for a 2-week pay period:P4,560.00611.68Gross earningsIncome tax withheldSSS premiums withheldPhil. Health premiums withheldPag-ibig premiums withheldUnion dues342.00112.16222.0044.0011Jing Guerrero works a regular 40-hours week and is paid P48 perhour regular time, and time and a half for overtime.She is also paid an additional P1,092.80 in benefits for the 2 weepay period with regard to the employer's contribution to thecompany's SSS and Phil. Health premiums.What is the amount to be charged to Work in Process for emplonot traceable to a particular job order?a. P6,480b. P8,880c. P3,840d. P4,320

Given information, Gross earnings =P4,560 Number of hours worked = 40hours week × 2 week =80 hours…

Answered: No. 106 for the 2-week period, assuming…

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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