3. Mr. Koala, a factory worker is paid P150 per hour for a regular work of 40 hours. During the week, Mr. Koala worked 45 hours and earned time and a half for overtime hours. Required: Prepare Journal Entries A. If overtime premium is charged to the jobs worked during the overtime hours. B. If the overtime premium is not charged to specific jobs.
3. Mr. Koala, a factory worker is paid P150 per hour for a regular work of 40 hours. During the week, Mr. Koala worked 45 hours and earned time and a half for overtime hours. Required: Prepare Journal Entries A. If overtime premium is charged to the jobs worked during the overtime hours. B. If the overtime premium is not charged to specific jobs.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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