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1. Adansonii Company applies factory overhead on the basis of direct labor hours. Budget and actual data for direct labor and overhead for the
1. Adansonii Company applies factory overhead on the basis of direct labor hours. Budget and actual data for direct labor and overhead for the year are as follows: Budget Direct labor hours Factory overhead costs The factory overhead for Cherokee for the year is a. overapplied by P20,000 b. overapplied by P40,000 c. underapplied by P20,000 d. underapplied by P40,000 Direct Labor amounted to: a. P50,000 b. P100,000 c. P110,000 d. P130,000 2. Leejo Corp. makes aluminum fasteners. Among its manufacturing costs were: Wages and Salaries: Machine Operators Factory Supervisors Machine Mechanics 600,000 P720,000 a. P2,340 b. P2,205 c. P2,070 d. P1,800 P80,000 P30,000 P20,000 Actual a. P9,000 b. P9,900 c. P8,900 d. P9,500 650,000 P760,000 3. Jose Santos worked 46 hours in one week at a rate of P 45 an hour. He is paid one and a half times the regular rate for hours worked in excess of 40. What is the gross earnings of Jose Santos? 4. Frol G., a production employee is paid P180.00 per hour for a regular work of 40 hours. During the week ended March 23, Froi G worked 50 hours and eamed time and a half for overtime hours. What is the amount that should be charged to Work in Process account if the overtime is charged to production worked on during the overtime hours?
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