Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

29 29' 8 8 3'1 31 Payroll for the second two weeks of January consists of the salesperson that worked at total of BB hours

image text in transcribed
29 29' 8 8 3'1 31 Payroll for the second two weeks of January consists of the salesperson that worked at total of BB hours and earns $13.00 per hour, thejanitor that only cleaned the factory and worked 28 hours and earns $3.343 per hour. and the production supervisor who now earns $1,136 a week. The payroll will be paid on February 1\". Ignore all related payroll taxes. In addition, the following hours were incurred by assembly line workers based on the production time cards for each job: Hours Rate '15 so $l 18 15C! $101M Apply factory overhead to jobs on Jobs 15 and 13. Job 15 was completed and transferred to the warehouse. A check for $42 is written to Office Warehouse for previous purchases on account. The rst note payment of $6,604 is made to the First Bank of Huntsville, which includes $6,251] in interest. The company declares a cash dividend of $13.30 per share. The dividend will be paid next month

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Accounting Chapters 1- 15

Authors: James A Heintz, Robert W Parry

23rd Edition

1337794767, 9781337794763

More Books

Students also viewed these Accounting questions

Question

1. Maintain my own perspective and my opinions

Answered: 1 week ago