(Appendix) Overtime Earnings. A production employee in the Cutting Department is paid $9 per hour for a regular work week of 40 hours. During the week ended March 22, the employee worked 50 hours and earned time and a half for overtime hours. ' ' LO3 Required:

(1) Prepare the journal entry to record the labor cost if the overtime premium is charged to production worked on during the overtime hours.

(2) Prepare the journal entry to record the labor cost if the overtime premium is not charged to production worked on during the overtime hours.