The pay stub of Jing Guerrero, employee No. 106 who works on the production line, showed the following for a 2-week pay period: P4,560.00 611.68 342.00 Gross earnings Income tax withheld SsS premiums withheld Phil. Health premiums withheld Pag-ibig premiums withheld Union dues 112.16 222.00 44.00 Jing Guerrero works a regular 40-hours week and is paid P48 per hour regular time, and time and a half for overtime. She is also paid an additional P1,092.80 in benefits for the 2 week pay period with regard to the employer's contribution to the company's SSS and Phil. Health premiums. What is the amount to be charged to Work in Process for employee No. 106 for the 2-week period, assuming that any overtime work is not traceable to a particular job order?
The pay stub of Jing Guerrero, employee No. 106 who works on the production line, showed the following for a 2-week pay period: P4,560.00 611.68 342.00 Gross earnings Income tax withheld SsS premiums withheld Phil. Health premiums withheld Pag-ibig premiums withheld Union dues 112.16 222.00 44.00 Jing Guerrero works a regular 40-hours week and is paid P48 per hour regular time, and time and a half for overtime. She is also paid an additional P1,092.80 in benefits for the 2 week pay period with regard to the employer's contribution to the company's SSS and Phil. Health premiums. What is the amount to be charged to Work in Process for employee No. 106 for the 2-week period, assuming that any overtime work is not traceable to a particular job order?
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 10PA: Lemur Corp. is going to pay three employees a year-end bonus. The amount of the year-end bonus and...
Related questions
Question
Transcribed Image Text:The pay stub of Jing Guerrero, employee No. 106 who works on the
production line, showed the following for a 2-week pay period:
Gross earnings
Income tax withheld
SSS premiums withheld
Phil. Health premiums withheld
Pag-ibig premiums withheld
Union dues
P4,560.00
611.68
342.00
112.16
222.00
44.00
Jing Guerrero works a regular 40-hours week and is paid P48 per
hour regular time, and time and a half for overtime.
She is also paid an additional P1,092.80 in benefits for the 2 week
pay period with regard to the employer's contribution to the
company's SSS and Phil. Health premiums.
What is the amount to be charged to Work in Process for employee
No. 106 for the 2-week period, assuming that any overtime work is
not traceable to a particular job order?
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781305084087
Author:
Cathy J. Scott
Publisher:
Cengage Learning
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781305084087
Author:
Cathy J. Scott
Publisher:
Cengage Learning
Century 21 Accounting Multicolumn Journal
Accounting
ISBN:
9781337679503
Author:
Gilbertson
Publisher:
Cengage
College Accounting, Chapters 1-27 (New in Account…
Accounting
ISBN:
9781305666160
Author:
James A. Heintz, Robert W. Parry
Publisher:
Cengage Learning