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Determine the following: A. total accrued payroll. B. the amount charged to Worked in Process account. C. the amount charged to Factory Overhead. D. the employer's share charged to Factory Overhead. E. the employer's share charged to Selling and Administrative Expenses

Determine the following: A. total accrued payroll. B. the amount charged to Worked in Process account. C. the amount charged to Factory Overhead. D. the employer's share charged to Factory Overhead. E. the employer's share charged to Selling and Administrative Expenses

College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
12th Edition
ISBN:9781305084087
Author:Cathy J. Scott
Publisher:Cathy J. Scott
Chapter8: Employer Taxes, Payments, And Reports
Section: Chapter Questions
Problem 3E
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14. Ethel Corp. Has the following data for the month of March 2021: Gross Payroll P1,000,000 Employee's deductions: SSS Contribution Philhealth PAg-ibig Witholding taxes P20,000 10.000 10,000 100,000 The employer share of mandatory deductions are as follows: SSS Contribution Philhealth Pagibis P40,000 10.000 The company distributes its total payroll as follows: 50% to direct labor; 20% to indirect labor; 25% to administrative and 5% to sales salary. The company also apportions employer's contribution as follows: 70% to factory overhead; 25% to administrative and 5% to selling expenses. Determine the following: A. total accrued payroll. B. the amount charged to Worked in Process account. C. the amount charged to Factory Overhead. D. the employer's share charged to Factory Overhead. E. the employer's share charged to Selling and Administrative Expenses
Transcribed Image Text:14. Ethel Corp. Has the following data for the month of March 2021: Gross Payroll P1,000,000 Employee's deductions: SSS Contribution Philhealth PAg-ibig Witholding taxes P20,000 10.000 10,000 100,000 The employer share of mandatory deductions are as follows: SSS Contribution Philhealth Pagibis P40,000 10.000 The company distributes its total payroll as follows: 50% to direct labor; 20% to indirect labor; 25% to administrative and 5% to sales salary. The company also apportions employer's contribution as follows: 70% to factory overhead; 25% to administrative and 5% to selling expenses. Determine the following: A. total accrued payroll. B. the amount charged to Worked in Process account. C. the amount charged to Factory Overhead. D. the employer's share charged to Factory Overhead. E. the employer's share charged to Selling and Administrative Expenses
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