The Norman 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, 2019. All employees worked the full 40-hour week. WEEKLY SUMMARY Employee's Name Units ProducedCruz R. Cruz 240 J. Briones 286 C. David 275 A. Mendoze 240 F. Rivera 225 R. Tolentino 285 Required: 1.Compute each employee’s gross pay
The Norman 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, 2019. All employees worked the full 40-hour week.
WEEKLY SUMMARY
Employee's Name Units ProducedCruz
R. Cruz 240
J. Briones 286
C. David 275
A. Mendoze 240
F. Rivera 225
R. Tolentino 285
Required:
1.Compute each employee’s gross pay
- Work in Process
- Factory
Overhead Control
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Employee’s Name |
Units Produced |
Piece Rate |
Total Pay |
Guaranteed Wage |
Difference (FOC) |
Total Gross Pay |
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R. Cruz |
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J. Briones |
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C. David |
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A. Mendoze |
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F. Rivera |
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R. Tolentino |
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Total |
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