the standard labour hour rate for workmen of Grade lll from the ollowing data: Basic pay $ 200 per mensem. $ 150 per mensem. $ 100 per mensem. D.A. Fringe benefits Number of working days per year 300 Leave Rules: 30 days P.L. with full pay 20 days S.L.with half pay. Usually, sick leave is fully availed of. What would be the labour cost per hour if no sick leave'is availed of during the year?

the standard labour hour rate for workmen of Grade lll from the ollowing data: Basic pay $ 200 per mensem. $ 150 per mensem. $ 100 per mensem. D.A. Fringe benefits Number of working days per year 300 Leave Rules: 30 days P.L. with full pay 20 days S.L.with half pay. Usually, sick leave is fully availed of. What would be the labour cost per hour if no sick leave'is availed of during the year?

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 4E: Peggy Nolan earns 20 per hour for up to 300 units of production per day. If she produces more than...

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Peggy Nolan earns 20 per hour for up to 300 units of production per day. If she produces more than 300 units per day, she will receive an additional piece rate of .5333 per unit. Assume that her hours worked and pieces finished for the week just ended were as follows: a. Determine Nolans earnings for each day and for the week. (Round piece-rate computations to the nearest whole dollar.) b. Prepare the journal entry to distribute the payroll, assuming that any make-up guarantees are charged to Factory Overhead.
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