Question
Peggy Nolan earns $20 per hour for up to 300 units of production per day. If she produces more than 300 units per day, she
Peggy Nolan earns $20 per hour for up to 300 units of production per day. If she produces more than 300 units per day, she will receive an additional piece rate of $.5333 per unit. Assume that her hours worked and pieces finished for the week just ended were as follows: DayHours WorkedPieces Finished Monday8300 Tuesday8260 Wednesday8420 Thursday8440 Friday8280 a.Determine Nolans earnings for each day and for the week. (Round piece-rate computations to the nearest whole dollar.) b.Prepare the journal entry to distribute the payroll, assuming thatanymake-upguaranteesarechargedtoFactory Overhead.
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