EBK ACCOUNTING PRINCIPLES
EBK ACCOUNTING PRINCIPLES
13th Edition
ISBN: 9781119411017
Author: Weygandt
Publisher: WILEY
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Chapter 11, Problem 13Q
To determine

Payroll deduction: The difference between gross earnings and net pay is called payroll deduction. It is due to statutory requirement and voluntary deductions as per employee’s instructions.

To recognize: The two types of payroll deductions with examples.

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Rohit Company assigns overhead cost to jobs on the basis of 113% of direct labor cost. The job cost sheet for Job 882 includes $16,100 in direct materials cost and $13,000 in direct labor cost. A total of 1,450 units were produced in Job 882. Required: a. What is the total manufacturing cost assigned to Job 882? b. What is the unit product cost for Job 882? Need help
Department B had 18,000 units in work in process that were 70% completed as to labor and overhead at the beginning of the period; 51,400 units of direct materials were added during the period; 48,600 units were completed during the period, and 14,500 units were 65% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. The first-in, first-out method is used to cost inventories. The number of equivalent units of production for conversion costs for the period was ____ Units. Help
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