QUESTION TWO2.1Calculate the daily remuneration of W. Rooney using Taylor's differential piecework system fromthe information provided.INFORMATIONThe following information relates to W. Rooney, an employee of Manchester Enterprises:1.W. Rooney's standard workday is 9 hours. His standard production time is 55 units per hour.2.His normal wage rate is R73 per hour. He is remunerated in terms of Taylor's differential piecework system wherebythe following premium applies:3.80% of piecework rate if below standard4.120% of piecework rate if standard or above standard5.W. Rooney's production is 300 units per day.

Remuneration means the amount a worker get after performing his duties from the company. Taylor…

Answered: QUESTION TWO 2.1 Calculate the daily…

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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Special-Order Decision, Services, Qualitative Aspects Jason Rogers works full-time for UPS and runs a lawn-mowing service part-time after work during the warm months of April through October. Jason has two men working with him, each of whom is paid $6.00 per lawn mowing. Jason has 25 residential customers who contract with him for once-weekly lawn mowing during the months of May through September, and twice-per-month mowings during April and October. On average, Jason charges $42 per lawn mowed. Recently, LStar Property Management Services asked Jason to mow the lawn at each of its 29 rental houses every two weeks during the months of May through September. LStar has offered to pay $29 per lawn mowing, and would forego the lawn edging that normally takes Jason’s team about half of its regular mowing time. If Jason accepts the job, he can assign a one-man team to mow the rental house yards, and will have to buy an additional power lawn mower for about $370 used. Fuel to run the…
• • Q5: Stone Company, a manufacturer that uses job order costing provides the below partial account balances for the twelve months ended 12/31/20X2 and shares the following information regarding its 20X2 operations: The predetermined overhead rate for 20X2 was $1.25 of overhead for each dollar of direct labor incurred. Stone purchases 100% of its raw materials on account from vendor Diamond Corporation and used $0 indirect materials. Stone disposes of over/under applied MOH using the method covered in class and during 20X2 incurred $1,540,000 of direct labor which is already reflected below in item (ii). Raw Material BB 580,000 BB A/P Diamond Corp 180,000 Work In Process BB 370,000 (a) (b) 1,100,000 1,280,000 (1) (c) (ii) 1,540,000 (e) EB 610,000 EB 360,000 (iii) (d) EB (f) Finished Goods BB 418,000 1,980,000 (g) (h) EB 523,000 MOH Cost of Goods Sold BB 0 4,600,000 EB () (1) What value of direct materials were requisitioned by production during the twelve months ended 12/31/20X2? A.…
Unit v question 14
Answer Problem #2 : items 7 & 8
2 q Answer please
Special-Order Decision, Services, Qualitative Aspects Jason Rogers works full-time for UPS and runs a lawn-mowing service part-time after work during the warm months of April through October. Jason has two men working with him, each of whom is paid $6.00 per lawn mowing. Jason has 26 residential customers who contract with him for once-weekly lawn mowing during the months of May through September, and twice-per-month mowings during April and October. On average, Jason charges $50 per lawn mowed. Recently, LStar Property Management Services asked Jason to mow the lawn at each of its 28 rental houses every two weeks during the months of May through September. LStar has offered to pay $28 per lawn mowing, and would forego the lawn edging that normally takes Jason's team about half of its regular mowing time. If Jason accepts the job, he can assign a one-man team to mow the rental house yards, and will have to buy an additional power lawn mower for about $375 used. Fuel to run the…
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Q2 In accounting terms, what are the relevant facts from the case study

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