Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4. Richard Corp has the following data for the third week of December: Employee Name Classification Hours Worked Rate per hour SO 46 45 G.

image text in transcribed
4. Richard Corp has the following data for the third week of December: Employee Name Classification Hours Worked Rate per hour SO 46 45 G. Kuhol H. Aileen 1. Jose 1. Jay K. Richmond L Edward Laborer 45 Office Secretary Laborer 50 Factory Supervisor 55 Sales agent 52 Laborer 48 60 The following are to be deducted to the gross earnings of employees: Witholding taxes 5% SSS contributions 3% Philhealth 1% Pag-ibig 1 Richard Corp paid its employees one and half times the regular fate for hours worked in excess of 40 hours. 8 The amount charged to Work in Process account is how much? 5. Richard Corp has the following data for the third week of December Employee Name Classification Hours Worked Rate per hour M. Kuhol Laborer 45 50 N. Aileen Office Secretary 46 45 0. Jose Laborer SO 52 P. Jay Factory Supervisor 55 48 Richmond Sales agent 52 R. Edward Laborer 48 The following are to be deducted to the gross earnings of employees: Witholding taxes 5% SSS contributions 3% Philhealth 15 Pag-ibig 1% Richard Corp paid its employees one and half times the regular rate for hours worked in excess of 40 hours. How much is the amount charged to Manufacturing Overhead

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_2

Step: 3

blur-text-image_3

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

21st Edition

1285639723, 9781285639727

More Books

Students also viewed these Accounting questions

Question

Explain internal recruitment methods.

Answered: 1 week ago

Question

Summarize job analysis for team members.

Answered: 1 week ago

Question

Describe the recruitment process.

Answered: 1 week ago