Jomari Corporation's factory workers Incentive scheme which features a combined piece rate P11.25 and a minimum wage guaranteed wage of P875 per week. Production report for the week show Employees J MAR- Units produced 67 78 80 82 72 75 How much portion of the weekly payroll should be charge to factory overhead? Lockout Company revealed the following inventory transactions: Jan. 1 Beginning balance, 16,000 units @ P140 5 Purchased 4,000 units @ P150 10 Issued 15,000 units to production 15 Purchased 20,000 units @ P160 16 Returned 1,000 units to supplier from January 15 purchase 25 Issued 8,000 units to production 26 Production returned 4,000 units to storeroom from the January 25 issue 31 Purchased 30,000 units @ P150 What is the cost of the inventory on January 31 using FIFO method? Marrell is employed on the assembly line of a manufacturing company where she assembles a component part for one of the company's products. She is paid P16 per hour for regular time and time and a half for all work in excess of 40 hours per week. Marrell works 50 hours in a given week but is idle for 4 hours during the week due to equipment breakdowns. The allocation of Marrell's wages for the week for direct labor is: