1) How much total cash will be paid to employees for the last week of November? 2) How much is Work in Process-Direct Labor? 3) How much will be charged to Factory Overhead Control in recording all employer contribution? Exercise 4 - 8. PAYROLL PROCEDURES.NN Company operates on a 6-day week, with time and one-quarter for all hours over eightduring the regular days. The time cards for the week ending November 30 showed:Rate/hrP1208070Tues Wed ThursNo. Name001 Jake002 Tibs003 Ramon004 Teddy005 Art006 Rene007 AgaMon88Fri8Sat8888887488889488.8.847088.70888944480898880An analysis of the job time tickets and payroll records showed:Mon8No. Job No.|001 Supervisor002 701WedTues8ThursFri8Sat888576702174003 70184702884004 7027034248786.005 7036.74.873704225006 704476444705422Propertylo007 fod 04.lusive use df SLLRepipducion, staing ariovalsystem distibuting uploatding.or posting online, ortransıniting in anylfoff05 by any means, electronic, mehanical, phatocopying, ecording, or dthervlise ofany pert of this document,without the prior written permission of SLU, is strictly prohibited.and forIM24 Previous earnings in June (November 1 – 24)No.001 19,210.00002 16,204.00003 12,814.00004 12,706.00005 12,528.0000616,102.0014,538.00007

SOLUTION- PAYROLL IS THE TOTAL COMPENSATION FOR A CERTAIN PERIOD OF TIME OR A SPECIFIC DATE THAT A…

Exercise -8. DURES. NN Company operates on a 6-day week, with time and one-quarter for all hours over eight during the regular days. The time cards for the week ending November 30 showed: No. Name Jake 001 Mon Tues Wed 8 Rate/hr Thurs Fri 8 7 9 Sat P120 8 8 8 8 8 002 80 70 Tibs 8 8 4 003 Ramon 8 8 8 8 8 4 004 005 Art Teddy 70 70 80 80 8 9 8 8 8 4 8 8 8 9 9 5 |006 8 8 Rene 9 9 4 007 Aga 4 4 An analysis of the job time tickets and payroll records showed: Wed Thurs 8 6 No. Job No. Supervisor Tues 8 Mon Fri Sat 8 001 701 8 8 8 002 702 003 2 1 7 4 701 702 004 8. 4 8 8 8 5 4 702 4 4 703 7 8. 005 704 6 7 2 3 2 4 703 7 4 2 4 006 704 7 2 6 4 4 705 4 4 Propertylo007 fod704.lusiva use d SLLOReonducin, stacing ariovalstom distrituting uploing ar posting online, or transıniting in anylto705 by any means, electronic, me5nanicel, p:5tocobving, 6.cordi ng, or diherdise ofrany part of this document,

Exercise -8. DURES. NN Company operates on a 6-day week, with time and one-quarter for all hours over eight during the regular days. The time cards for the week ending November 30 showed: No. Name Jake 001 Mon Tues Wed 8 Rate/hr Thurs Fri 8 7 9 Sat P120 8 8 8 8 8 002 80 70 Tibs 8 8 4 003 Ramon 8 8 8 8 8 4 004 005 Art Teddy 70 70 80 80 8 9 8 8 8 4 8 8 8 9 9 5 |006 8 8 Rene 9 9 4 007 Aga 4 4 An analysis of the job time tickets and payroll records showed: Wed Thurs 8 6 No. Job No. Supervisor Tues 8 Mon Fri Sat 8 001 701 8 8 8 002 702 003 2 1 7 4 701 702 004 8. 4 8 8 8 5 4 702 4 4 703 7 8. 005 704 6 7 2 3 2 4 703 7 4 2 4 006 704 7 2 6 4 4 705 4 4 Propertylo007 fod704.lusiva use d SLLOReonducin, stacing ariovalstom distrituting uploing ar posting online, or transıniting in anylto705 by any means, electronic, me5nanicel, p:5tocobving, 6.cordi ng, or diherdise ofrany part of this document,

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter8: Liabilities And Stockholders' Equity

Section: Chapter Questions

Problem 8.6.1MBA

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