The following information is taken from the payroll records of a company. Basic pay for basic hours Overtime-basic pay Overtime-premium Training Sick pay Idle time Direct workers S 43,000 10,000 5,000 2,500 750 1,200 Indirect workers S 17,000 4,500 2,250 1,250 250 0 Total S 60,000 14,500 7,250 3,750 1,000 1,200 Required: Using the information given, complete the labour account shown below: Labour account S S
The following information is taken from the payroll records of a company. Basic pay for basic hours Overtime-basic pay Overtime-premium Training Sick pay Idle time Direct workers S 43,000 10,000 5,000 2,500 750 1,200 Indirect workers S 17,000 4,500 2,250 1,250 250 0 Total S 60,000 14,500 7,250 3,750 1,000 1,200 Required: Using the information given, complete the labour account shown below: Labour account S S
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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