Question
LO1 LO2 E3-1 Job or Indirect Labor 007 009 Computing payrollrnings and taxes A. Jolly of Pittsburgh Manufacturing Company is paid at the rate of
LO1 LO2 E3-1 Job or Indirect Labor 007 009 Computing payrollrnings and taxes A. Jolly of Pittsburgh Manufacturing Company is paid at the rate of $20 an hour for an 8-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: Machine repair Total Su. 4 4 M 53 8 Tu. W Th. F Sa. 5 3 8 3 5 8 CO 5.0 6.5 11.5 6 5 11 6.5 CS CamScanner 6.5 Total 24.0 22.5 10.5 57.0 Because jobs are randomly scheduled for the overtime per- iod, any overtime premium is charged to Factory Overhead. a. Compute Jolly's total earnings for the week. b. Present the journal entry to distribute Jolly's total earnings.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started