James worked a total of 186 hours for the month of June 2020. His rate per hour
Fantastic news! We've Found the answer you've been seeking!
Question:
James worked a total of 186 hours for the month of June 2020. His rate per hour is working hours of the 450 per hour. Overtime premium is 30%. The company is 8 hours a day. The company's regular working days is from Monday to Friday or 5 days a week. Overtime was due to customer's specifications / order. What is the amount of labor cost charged to WIP?
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
Explain the meaning of the terms emoluments, employments and office for the purposes of PAYE as you earn systems. 2. Explain the actual receipts basis of assessing the emoluments from the employment...
-
Can paraphrase my sentences in my assignment? 1. Intellectual property protection : Legal safeguards for creative works including inventions, designs, logos, and brand names include intellectual...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Sarah is confused about the difference between the perimeter and the area of a polygon. Explain the two concepts and the distinction between them.
-
Which two of the five policies did you rank lowest? What specific facts made them more acceptable to you than the others?
-
Seaboard Company receives its annual property tax bill of $18,660 for the 2014 calendar year on May 31, 2014, and it is payable on July 31, 2014. Seaboard has a December 31 fiscal year end....
-
Jack's Custom Electronics (JCE) sells and installs complete security, computer, audio, and video systems for homes. On newly constructed homes it provides bids using time and material pricing. The...
-
Padre, Inc., buys 80 percent of the outstanding common stock of Sierra Corporation on January 1, 2018, for $802,720 cash. At the acquisition date, Sierra's total fair value, including the...
-
Find the magnitude of the vector given below. Also find the measure (in degrees) of the acute angle 0 formed by the vector and the x-axis. Do not round any intermediate computations, and round your...
-
{26 points} Assuming that the data from the Pediatric Enrollment form found below will be read into SAS, carry out the following: a. Create a data dictionary for this form. b. Based on the data...
-
What, roughly, is the percent uncertainty in the volume of a spherical beach ball whose radius is r = 2.70 0.07 m? Express your answer using one significant figure.
-
The country of Cyberia is focusing on loT (the Internet of Things) to improve the lives of its citizens. However, at the same time, Cyberia is also cautious of the challenges and issues that it could...
-
This paper is about concerns that project management researchers might need to have when doing research or disseminating results from their research. It has relevance to this journal, others and to...
-
Nandini wants to create a talent inventory that will be truly useful for the firm where she works. She should include all of the following information EXCEPT: O career goals O work-related interests...
-
Jack is the father of five children. He was raised in a hardworking immigrant family. His needs for achievement and power were developed while he was growing up. Now he finds himself in a low-paying,...
-
Consider as the mean of a random sample of 60 elements drawn from a population with mean of 115 with a standard deviation of 39 Please calculate in excel showing steps Calculate the following...
-
The text defined intrinsic value as the value of an asset given a hypothetically complete understanding of the assets investment characteristics. Discuss why hypothetically is included in the...
-
Danny Sutton Manufacturing Company is considering three new projects, each requiring an equipment investment of \($24,000\). Each project will last for 3 years and produce the Following " cash...
-
Caan Oil Company is considering investing in a new oil well. It is expected that the oil well will increase annual revenues by \($120,000\) and will increase annual expenses by \($80,000\) including...
-
Padong Corporation is considering purchasing a new delivery truck. The truck has many advantages over the company's current truck (not the least of which is that it runs). The new truck would cost...
Study smarter with the SolutionInn App