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.wwwLTE ..docs.google.com.Total direct wage in case of showing thepremium of overtimeOOO O O$812O$462MFG. OH. C. in case of showing theovertime cost:оо$721other$354$415otherAmount of loss account *$225$52$34other$141:01

Here discuss about the details of wages payment and its calculation of overtime cost and others as…

There are 2 workers in one of companies, the company has determin e normal work hours by 8 hours in one day with wage hour rate $14 is company paid %150 from normal hour wage as an overtime wage, ou know these workers worked 3 days and the time cards showe rough this days 1 hour stop machines due to power failure and 1.5 hour te to the maintenance every day, the follows is total actual work hour or each worker: first worker (27 hours), second worker (30 hours).

There are 2 workers in one of companies, the company has determin e normal work hours by 8 hours in one day with wage hour rate $14 is company paid %150 from normal hour wage as an overtime wage, ou know these workers worked 3 days and the time cards showe rough this days 1 hour stop machines due to power failure and 1.5 hour te to the maintenance every day, the follows is total actual work hour or each worker: first worker (27 hours), second worker (30 hours).

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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What is the answer in number 6?~
Data relating to labor costs is given below. Manufacturing labor is paid 30 TL per hour and supporting labor is paid 20 TL per hour. For overwork, 50% additional payment is made. Manufacturing Labor 3.000 hours Normal working. 200 hoursIn week overworking Weekend holiday 200 hours Supporting Labor Normal working 600 hours Weekend holiday 100 hours Employer’s Social Security Premium and Unemployment Premium rates are 20% and 2% respectively. Employees’ Social Security Premium and Unemployment Premium rates are 14% and 1% respectively. Income Tax rate is 20% (Stamp Duty is neglected). Company classifies manufacturing labor hours’ cost and employer’s contribution relating to this cost as direct labor cost. Other labor costs are classified as indirect labor cost.Required: a) Gross wage b) Total labor costs c) Direct Labor Costs d) Indirect Labor Costs e) Net wage (Due to Personnel) f) Social Securities and Unemployment Premiums Payable (Employer + Employee)
What is the answer in mumber 11?~
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answer item #3 only, tysm!
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