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The ABC Company recently adopted an incentive plan. Factory workers are paid P7.50 per unit with a guaranteed minimum wage of P2,000 per week. Following
The ABC Company recently adopted an incentive plan. Factory workers are paid P7.50 per unit with a guaranteed minimum wage of P2,000 per week. Following is a report on employee's productivity for the week ending May 19, 2014. All employees worked the full 40-hour week. Weekly Summary Employee Name Units produced R. Cruz 240 J. Briones 286 C. David 275 A. Mendoze 240 F. Rivera 225 R. Tolentino 285 Required: *Total Gross payroll? "What amount should be charged to work in process (round off final answer to two decimal places) ? "What amount should be charged to factory overhead control (round off final answer to two decimal places)
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