thanks

>>>>> PROBLEM 1: Andrew Company employs workers to work for 8 hours each day on a certain project. They are being paid time and a half if and when they render overtime work. Assuming the following employees has the following time sheet and output for the day: Employee Hours Rendered Outputs Produced V 15 20 W 12 21 X 9 15 Y 8 12 Z 10 16 If the Company pays employees based on: 1. Hours rendered at P250/hr. Compute for the total payroll cost and prepare the necessary journal entries. 2. Output produced at P200/unit. Compute for the total payroll cost and prepare the necessary journal entries. 3. Assuming further that the Company pays a fixed amount of P2,5OO regardless of the units produced. Compute for the total payroll cost and prepare the necessary journal entries. >>>>> PROBLEM 2: Mr. Ka, a factory worker is paid P150 per hour for regular work of 40 hours. During the week, Mr. Dota worked 45 hours and earned time and a half for overtime hours. Prepare the journal entry for the above data. >>>>> PROBLEM 3: Zanjoe Company uses a single product to show the cost differences that can be created by using a plantwide predetermined OH rate. Assembly Finishing Budgeted annual overhead P625,000 P724,000 Budgeted annual direct labor hours (DLHs) 15,00018,000 Budgeted annual machine hours (MHs) 10,000 6,000 Inventory Levels: WIP Inventory - 20,000 FG Inventory - 45,000 CGS - 35,000 Compute for the following: 1. Plant-wide OH Rate (using DLHs and MHs) 2. Departmental OH Rate (automated and manual) - You should have four answers in this item. 3. The Company uses a plantwide overhead rate based on direct labor hours and it took the company 5,000 hours in producing the product. Assuming the Company has incurred actual overhead cost of P250,000, compute for the over/ underapplied overhead and prepare the necessary journal entries if the over/underapplied overhead is chargeable to WIP, FG and CGS. >>>>> PROBLEM 4 Summit Company provide the cost data for the month of January Inventories: January 1 January 31 Direct materials P30, 000 P40, 000 WIP P15, 000 P20, 000 Finished Goods P65, 000 P50, 000 Factory overhead applied P150, 000 Cost of goods manufactured P515, 000 Direct materials used P190, 000 Actual FOH P144, 000 Required: 1. Adjusted COGS if under or over-applied overhead were closed to COGS 2. Adjusted COGS if under or applied overhead were allocated to inventories and COGS