There are 2 workers in one of companies, the company has determinethe normal work hours by 8 hours in one day with wage hour rate $14,this company paid %150 from normal hour wage as an overtime wage, ifyou know these workers worked 3 days and the time cards showedthrough this days 1 hour stop machines due to power failure and 1.5 hoursdue to the maintenance every day, the follows is total actual work hoursfor each worker: first worker (27 hours), second worker (30 hours).Required: From above data, choose the correct answer for thefollowing questions.Amount of loss account$52$34other$14Total Direct wage in case of showing theovertime cost$608$775other*$595

The amount of loss account will be calculated by taking the number of total hours wasted in a power…

Answered: Amount of loss account

Business

Accounting

Amount of loss account

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter2: Computing Wages And Salaries

Section: Chapter Questions

Problem 11PB: Costa, Inc., recently converted from a 5-day, 40-hour workweek to a 4-day, 40-hour workweek, with...

See similar textbooks

Similar questions

There are 2 workers in one of companies, the company has determine the normal work hours by 8 hours in one day with wage hour rate $14, this company paid %150 from normal hour wage as an overtime wage, if you know these workers worked 3 days and the time cards showed through this days 1 hour stop machines due to power failure and 1.5 hours due to the maintenance every day, the follows is total actual work hours for each worker: first worker (27 hours), second worker (30 hours). Required: From above data, choose the correct answer for the following questions. www LTE .. docs.google.com. Total direct wage in case of showing the premium of overtime OO O O O $812 O $462 MFG. OH. C. in case of showing the overtime cost: оо $721 other $354 $415 other Amount of loss account * $225 $52 $34 other $14 1:01
Joel Williams works at Allentown Company where he assembles components for small appliances and earns $16 per hour with "time-an-a-half" for overtime. During the week ended July 25, Joel worked 43 hours as follows: Job XBRL 20.5 hours Job FASB 14.5 hours Idle time due to power outage Machine maintenance 2.0 hours 6.0 hours The amount of Joel's wages that will be charged to the Work in Process account, assuming that the overtime worked was due to a rush order on the FASB job is:
LTE II. There are 2 workers in one of companies, the company has determine the normal work hours by 8 hours in one day with wage hour rate $14, this company paid %150 from normal hour wage as an overtime wage, if you know these workers worked 3 days and the time cards showed through this days 1 hour stop machines due to power failure and 1.5 hours due to the maintenance every day, the follows is total actual work hours for each worker: first worker (27 hours), second worker (30 hours). Required: From above data, choose the correct answer for the following questions. Time AM Accrued wage for second worker other $462 $526 docs.google.com. $475 Total direct wage in case of showing the premium of overtime $812 LTE II. docs.google.com. Total direct wage in case of shi premium of overtime $812 $462 $721 other MFG. OH. C. in case of showin overtime cost: $354 $415 other $225 Amount of loss account * $52 $34 other $14 LTE .. Amount of loss account * $52 $34 other O $14 Total Direct wage in…
Employee A is a carpenter and normally works 36 hours per week. The standard rate of pay is $3.60per hour. A premium of 50% of the basic hourly rate is paid for all overtime hours worked. During thelast week of October, Employee A worked for 42 hours. The overtime hours worked were for thefollowing reasons:Machine breakdown: 4 hoursTo complete a special job at the request of a customer: 2 hoursHow much of Employee A's earnings for the last week of October would have been treated as directwages?
4. Sam Tully works two separate jobs for Mountain Company. During the week, Job A consisted of 38 hours at $20 per hour; Job B involved 15 hours at $14 per hour.What is Sam’s total earnings for this workweek if Mountain Company uses the average rate basis for calculating overtime?
Costa, Inc., recently converted from a 5-day, 40-hour workweek to a 4-day, 40-hour workweek, with overtime continuing to be paid at one and one-half times the regular hourly rate for all hours worked beyond 40 in the week. In this company, time is recorded under the continental system, as shown on the time card on the following page. Barbara Bansta is part of the Group B employees whose regular workweek is Tuesday through Friday. The working hours each day are 800 to 1200; 1230 to 1630; and 1800 to 2000. The company disregards any time before 800, between 1200 and 1230, and between 1630 and 1800, and permits employees to ring in up to 10 minutes late before any deduction is made for tardiness. Deductions are made to the nearest of an hour for workers who are more than 10 minutes late in ringing in. Refer to the time card and compute: a. The daily total hours ..........................................................................___________ b. The total hours for the week ...............................................................___________ c. The regular weekly earnings ................................................................___________ d. The overtime earnings (company rounds O.T. rate to 3 decimal places)___________ e. The total weekly earnings .....................................................................__________
R. Herbert of Crestview Manufacturing Co. is paid at the rate of 20 an hour for an eight-hour day, with time-and-a-half for overtime and double-time for Sundays and holidays. Regular employment is on the basis of 40 hours a week, five days a week. At the end of a week, the labor time record shows the following: Because jobs are randomly scheduled for the overtime period, any overtime premium is charged to Factory Overhead. a. Compute Herberts total earnings for the week. b. Present the journal entry to distribute Herberts total earnings. (Note: These single journal entries here and in E3-2, E3-3, E3-4, E3-8 and E3-9 are for the purpose of illustrating the principle involved. Normally, the entries would be made for the total factory payroll plus the administrative and sales payroll.)
Potts, Inc., recently converted from a 5-day, 40-hour workweek to a 4-day, 40-hour workweek, with overtime continuing to be paid at one and one-half times the regular hourly rate for all hours worked beyond 40 in the week. In this company, time is recorded under the continental system, as shown on the time card on the following page. Sue Ellen Boggs is part of the Group B employees whose regular workweek is Tuesday through Friday. The working hours each day are 800 to 1200; 1230 to 1630; and 1800 to 2000. The company disregards any time before 800, between 1200 and 1230, and between 1630 and 1800, and permits employees to ring in up to 10 minutes late before any deduction is made for tardiness. Deductions are made to the nearest of an hour for workers who are more than 10 minutes late in ringing in. Refer to the time card and compute: a. The daily total hours ..........................................................................___________ b. The total hours for the week ...............................................................___________ c. The regular weekly earnings ................................................................___________ d. The overtime earnings (company rounds O.T. rate to 3 decimal places)___________ e. The total weekly earnings .....................................................................__________
A foundry employee worked a normal 40-hour shift, but four hours were idle due to a small fire in the plant. The employee earns $18 per hour.Required:1. Calculate the employee’s total compensation for the week.2. How much of this compensation is a direct-labor cost? How much is overhead?
The regular working days in a factory are Monday to Friday. Pete and Bec who are being paid 25 and 27 per hour, respectively, worked on Jobs 31 and 32 for the period August 4 to 10. The weekly time records and summary of the job tickets show the following: Total number of hours time in: Pete = 45, Bec = 43; Overtime: Pete = 6, Bec = 5; Expended on the jobs: No 31: Pete = 26, Bec = 17; No. 32: Pete = 20, Bec = 21. Pete was authorized to work on overtime on job no. 31 because of its rush nature; Bec had to work on overtime on job no. 32 to make up for a machine breakdown during the week. Overtime premium is 25%. Factory overhead is 60% of direct labor cost and materials cost comprises 80% of total production cost. What should be the respective production costs of job nos. 31 and 32?
:من بيانات السؤال الاتي اجب عن الاسئلة اللاحقة There are 2 workers in one of companies, the company has determine the normal work hours by 8 hours in one day with wage hour rate $14, this company paid %150 from normal hour wage as an overtime wage, if you know these workers worked 3 days and the time cards showed through this days 1 hour stop machines due to power failure and 1.5 hours due to the maintenance every day, the follows is total actual work hours for each worker: first worker (27 hours), second worker (30 hours). Required: From above data, choose the correct answer for the following questions. Time : AM Accrued wage for second worker other $462 $526 $475
Employee A is a carpenter and normally works 36 hours per week. The standard rate of pay is $3.60 per hour. A premium of 50% of the basic hourly rate is paid for all overtime hours worked. During the last week of October, Employee A worked for 42 hours. The overtime hours worked were for the following reasons: Machine breakdown: 4 hours To complete a special job at the request of a customer: 2 hours How much of Employee A's earnings for the last week of October would have been treated as direct wages? A $162.00 B $129.60 C $140.40 D $151.20