You are an operator of a manufacturing machine, receives 130% for any time worked in excess of 40 hours per week. Your rate of pay is P45 per hour. How much should be charged to direct labor if you worked 48 hours last week and had no idle time? P2,160 P1,800 P2,808 P2,268
You are an operator of a manufacturing machine, receives 130% for any time worked in excess of 40 hours per week. Your rate of pay is P45 per hour. How much should be charged to direct labor if you worked 48 hours last week and had no idle time? P2,160 P1,800 P2,808 P2,268
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
You are an operator of a manufacturing machine, receives 130% for any time worked in excess of 40 hours per week. Your rate of pay is P45 per hour. How much should be charged to direct labor if you worked 48 hours last week and had no idle time?
P2,160
P1,800
P2,808
P2,268
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education