D.Joselito Jordas, a factory worker of the Ogayon Industries which is producing Blue Chocolate Supplies, is paid a regular rate of P500 per hour for a regular week consisting of 40 hours. The said company has two shifts: morning and night shifts. Mr. Jordas works for the night shift, being an insomniac, and is rumored to be a vampire. During the week ended August 28, 2015, the said worker worked for 48 hours and earned one half of his regular rate as an overtime premium. He is currently paid a shift premium of P50 per hour, due to the dangerous location of the factory owned by Mr. Armand Ogayon, within the confines of Barangay Caliwan, notorious for gang wars. Payment of wages and the corresponding premiums is based on Philippine practice.

14.What is the total direct labor cost for the said employee?__________

15.How many hours should be charged with direct labor? __________

16How many hours should be charged to factory overhead? __________

17.What is the total gross pay of Mr. Joselito Jordas for the said week? __________

18.What is the total factory overhead cost for the said employee?__________

E.Albert Company produces electric combs. Because variable overhead is closely relatedto hours worked, the company uses the direct labor hour as the basis of applying factory overhead.The following data pertain to a recent production period.

EstimatedActual

Per hour labor costP10.00P9.75

Factory overheadP67,500P69,000

Labor hours15,00016,000

Required: Determine the following:

19.The predetermined factory overhead rate __________

20.The applied factory overhead __________

21.The over or under applied factory overhead (indicate whether over or under applied) __________

E.Sir Eliseo Panganiban uses a job-order system with machine hours as an overhead base.The following information relates to Sir Panganiban for last year:

Estimated machine hours for the year42,000

Actual machine hours for the year40,800

Predetermined overhead rateP1.50 per machine hour

Applied Factory Overhead which increased

cost of goods sold upon dispositionP2,600

Required: solve for the following

22.The peso amount of the Applied Factory Overhead __________

23.The peso amount of the Estimated Factory Overhead __________