Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Zaid Ent is a company producing furniture and it has three workers, Amin, Alang and Afik. The company is having a normal working hour

image text in transcribedimage text in transcribed

Zaid Ent is a company producing furniture and it has three workers, Amin, Alang and Afik. The company is having a normal working hour of 8 hours per day, 5 days a week from Monday to Friday, payable of RM15 per hour. If the employees are working during weekend, it is considered as overtime which will be paid as follows: Monday to Friday Saturday and Sunday The first five hours of overtime is paid at 115% of normal rate and the additional hours are paid double | Overtime is paid double Amin and Alang are paid under time based and the following is the daily cost card for both of them on the first week of January 2021: Monday Day Tuesday Wednesday Thursday Friday Saturday Sunday Amin 8 Alang 8 9 9 8 10 9 8 8 9 3 5 5 Afik is a newly hired worker, which will be paid at RM12 per unit and he is given guaranteed minimum rates of RM700 per week. In the first week of January 2021, he managed to produce 55 units of furniture. Required: 1. Calculate the number of normal working hour for Zaid Ent for the first week of January 2021. (No need to put hour in your answer) (2 marks) 2. Calculate the overtime pay earned by Amin for the first week of January 2021. (No need to put RM in your answer and round off your answer to the nearest RM) (2 marks) 3. Calculate the gross wages earned by Amin for the first week of January 2021. (No need to put RM in your answer and round off your answer to the nearest RM) (2 marks) 4. Calculate the overtime pay earned by Alang for the first week of January 2021. (No need to put RM in your answer and round off your answer to the nearest RM) (3 marks) 5. Calculate the gross wages earned by Alang for the first week of January 2021. (No need to put RM in your answer and round off your answer to the nearest RM) (2 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting Creating Value in a Dynamic Business Environment

Authors: Ronald W. Hilton

9th edition

78110912, 978-0078110917

More Books

Students also viewed these Accounting questions

Question

What are your ideas about this position or task?

Answered: 1 week ago