The net earnings of factory workers for A Corp during the month of December totaled 100,000. The employees w/taxes are 10,000, SSS are 12,000 and Pagibig of 5,000. Employer’s share totaled 20,000. Of the total cost of factory labor, 90% is related to direct labor. What is the total amount debited to Overhead account?

The net earnings of factory workers for A Corp during the month of December totaled 100,000. The employees w/taxes are 10,000, SSS are 12,000 and Pagibig of 5,000. Employer’s share totaled 20,000. Of the total cost of factory labor, 90% is related to direct labor. What is the total amount debited to Overhead account?

Name: The net earnings of factory workers for A Corp during the month of Dec
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Description: The net earnings of factory workers for A Corp during the month of December totaled 100,000. The employees w/taxes are 10,000, SSS are 12,000 and Pagibig of 5,000. Employer’s share totaled 20,000. Of the total cost of factory labor, 90% is related to

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 10PB: The actual overhead for a company is $73,175. Overhead was based on 4,500 machine hours and was...

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