Q1: According to the December payroll register ABC Co.'s working hours for each cost center are as follows: Department Number of Workers Working Days 22 days 22 days 22 days 22 days Normal Working Hour 4.400 h. Overtime Working Hour 1.100 h. 3.300h. Idle Time 200 h. Knitting (Main Pro. Center) Coloring (Main Pro. Center) Generator(Service Pro. Center) Infirmary (Service Pro. Center) 25 15 2.640 h. 880 h. 10 1.760 h. 100 h. ABC Co.'s normal working hours is 8 hours in a day and normal rate is 10 TL/hour. Overtime rate is 12 TL/hour. Employer's Share of Social Security Premium is TL 3.872 TL. The workers were idle due to power failure. Required: Determine the direct and indirect labor cost of each cost center.
Q1: According to the December payroll register ABC Co.'s working hours for each cost center are as follows: Department Number of Workers Working Days 22 days 22 days 22 days 22 days Normal Working Hour 4.400 h. Overtime Working Hour 1.100 h. 3.300h. Idle Time 200 h. Knitting (Main Pro. Center) Coloring (Main Pro. Center) Generator(Service Pro. Center) Infirmary (Service Pro. Center) 25 15 2.640 h. 880 h. 10 1.760 h. 100 h. ABC Co.'s normal working hours is 8 hours in a day and normal rate is 10 TL/hour. Overtime rate is 12 TL/hour. Employer's Share of Social Security Premium is TL 3.872 TL. The workers were idle due to power failure. Required: Determine the direct and indirect labor cost of each cost center.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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