E3-1 Th. Computing payroll earnings R. Herbert of Crestview Manufacturing Co. is paid at the rate of $20 an hour for an eight-hour day, with time-and-a-half for overtime and double-time for Sundays and holidays. Regular employment is on the basis of 40 hours a week. five days a week. At the end of a week, the labor time record shows the following: Job or Indirect LaborSu. M TER Sa. Total 007 3 5.0 24.0 009 6.5 22.5 Machine repair 6.5 10.5 Total 8 11.5 116.5 57.0 Because jobs are randorry scheduled for the overtime period, any overtime premium is charged to Factory Cserhead. a. Compute Herbert's total earnings for the week. b. Present the journal entry to distribute Herbert's total earnings. (Note: These single journal entries here and in E3-2, E3-3, E3-4, E3-8 and E3-9 are for the purpose of illustrating the principle involved. Normally, the entries would be made for the total factory payroll plus the administrative and sales payroll.) 9 . E3-1 Th. Computing payroll earnings R. Herbert of Crestview Manufacturing Co. is paid at the rate of $20 an hour for an eight-hour day, with time-and-a-half for overtime and double-time for Sundays and holidays. Regular employment is on the basis of 40 hours a week. five days a week. At the end of a week, the labor time record shows the following: Job or Indirect LaborSu. M TER Sa. Total 007 3 5.0 24.0 009 6.5 22.5 Machine repair 6.5 10.5 Total 8 11.5 116.5 57.0 Because jobs are randorry scheduled for the overtime period, any overtime premium is charged to Factory Cserhead. a. Compute Herbert's total earnings for the week. b. Present the journal entry to distribute Herbert's total earnings. (Note: These single journal entries here and in E3-2, E3-3, E3-4, E3-8 and E3-9 are for the purpose of illustrating the principle involved. Normally, the entries would be made for the total factory payroll plus the administrative and sales payroll.) 9