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P3-2. Labor Time Record, Direct vs. Indirect Labor LO2 Sandy Arens, SS# 123-45-6789, is a Grade 1 Machinist who earns $20 per hour. On Monday,
P3-2. Labor Time Record, Direct vs. Indirect Labor LO2 Sandy Arens, SS# 123-45-6789, is a Grade 1 Machinist who earns $20 per hour. On Monday, June 24 through Wednesday, June 26, she worked four hours per day on each of Jobs 007 and 2525. On Thursday and Friday of the week, she worked six hours per day on Job 2525 and two hours per day on maintenance. Her supervisor is Pete Kolks, who signs off on all labor time records on Saturday of the week just ended. REQUIRED: 1. Prepare a labor time record (LTR 999) for Arens for the week ended June 29, 2016. 2. Compute the amounts of direct labor costs, by job, and indirect labor costs created by Aren's work for the week. Problem 3-2 1. LABOR -TIME RECORD Record No: LTR 999 Employee Name: Sandy Arens Employee No: 123-45-6789 Employee Classification: Grade 1 Machinist Hourly Rate: $20 Su M Tu. w Th. F Sa. Total Job No. 007 2525 Maintenance Total Supervisor: Peter Kolks Date: June 29, 2016 2. Direct labor cost: Hours Rate Total Job No. 007 2525 Indirect labor cost: Hours Rate Total Maintenance
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