On January 1, 20x6, Bernie Bird Co. decided to grant its employees 10 vacation days and five sick days each year. Vacation days earned can be carried over to the next year but not sick days. Each employee took an average of three sick days in 20x6. During 20x6, each Bernie Bird’s six employees earned P100 per day and earned 10 vacation days. These vacation days were taken during 20x7. What amount should Bernie report for compensation absence expense for the year ended December 31, 20x6? a.0 b.6000 c.7,800 d.9,000
On January 1, 20x6, Bernie Bird Co. decided to grant its employees 10 vacation days and five sick days each year. Vacation days earned can be carried over to the next year but not sick days. Each employee took an average of three sick days in 20x6. During 20x6, each Bernie Bird’s six employees earned P100 per day and earned 10 vacation days. These vacation days were taken during 20x7. What amount should Bernie report for compensation absence expense for the year ended December 31, 20x6? a.0 b.6000 c.7,800 d.9,000
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter3: Accounting For Labor
Section: Chapter Questions
Problem 15E
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On January 1, 20x6, Bernie Bird Co. decided to grant its employees 10 vacation days and five sick days each year. Vacation days earned can be carried over to the next year but not sick days. Each employee took an average of three sick days in 20x6. During 20x6, each Bernie Bird’s six employees earned P100 per day and earned 10 vacation days. These vacation days were taken during 20x7. What amount should Bernie report for compensation absence expense for the year ended December 31, 20x6?
a.0
b.6000
c.7,800
d.9,000
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