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- Joel Williams works at Allentown Company where he assembles components for small appliances and earns $16 per hour with "time-an-a-half" for overtime. During the week ended July 25, Joel worked 43 hours as follows: Job XBRL 20.5 hours Job FASB 14.5 hours Idle time due to power outage Machine maintenance 2.0 hours 6.0 hours The amount of Joel's wages that will be charged to the Work in Process account, assuming that the overtime worked was due to a rush order on the FASB job is:Directions: Answer the following problems. Use appropriate formula to arrive at the right answer. 1. Algem earns the regular daily rate of P340.00 giving her an hourly rate of P42.50. she was requested by her boss to work on May 1, Labor Day. She worked for 8 hours. Her total pay for the day would be: a.5 Employee A is paid a basic rate of pay of RM3.50 per hour. Overtime is calculated at time and a quarter. During one week he does the following jobs: • Job 111 -he takes 20 hours Job 112- he takes 30 hours Required: a. Calculate Employee A's earnings. b. Determine the direct labour costs to be charged to each job. Determine the overheads related to each job. C.
- Lambie Custodial Services (LCS) offers residential and commercial janitorial services. Clients are billed monthly but can cancel the service at the end of any month. In addition to the employees who do the actual cleaning, the firm employs two managers who handle the administrative tasks (human resources, accounting, and so on) and one dispatcher, who assigns the cleaning employees to jobs on a daily basis. On average, residential clients pay $600 per month for weekly cleaning services and the commercial clients pay $2,600 per month for daily service (weekdays only). A typical residential client requires 15 hours a month for cleaning and a typical commercial client requires 69 hours a month. In September, LCS had 75 commercial clients and 80 residential clients. Cleaners are paid $20 per hour and are only paid for the hours actually worked. Supplies and other variable costs are estimated to cost $10 per hour of cleaning. Other monthly costs (all fixed) are $29,000 selling, general, and…Question: James Cook works as a cleaner at stock cruises company Limited. during a week, he worked for the following hours. *Monday - 9 hours *Tuesday - 8 hours *Wednesday - 10 hours *Thursday - 4 hours *Friday - 8. 5 hours *Saturday - 5 hours *James hourly rate is $3.50 * He is entitled to 1 hour paid lunch every day. *James normal working hours is 8 hours per day from Monday to Friday *if he works for any hours more than that, he is entilted to receive overtime wages, that is, time and a half. *Saturday and Thursday were a public holiday. Thus, James is entitled to receive double time wages. *From the weekly wages of James, his deductions includes 6% contributions towards a superannuation of his choice, $10 to medical insurance, $8 to a union of his choice, and a direct deposit of $20 as bank loan. reqiured: please answer this question by;; a) Prepare journal entries to record the salary and wages expenses and the payment of liabilities (if any)Max's Enterprise operates using the Rowan Bonus Scheme. From its production work during the week ending April 24th, an employee whose basic hourly rate of pay is $14 was assigned the following job which the employee completed. Time taken Job# Time allowed 10 7 hours 45 minutes 6 hours 15 minutes What is the employee's basic pay if the Rowan Bonus Scheme was used? Select one: O A. $75 O B. $84 O C. $87.50 OD. $62.50
- In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $ 20,000 and Job 11 $ 30,000. On March 31, Job 10 is sold to the customer for $ 35,000 in cash.Journalize the entries for the completion of the two jobs and the sale of Job 10. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Mar. 31 enter an account title to record the completion of the two jobs on March 31 enter a debit amount enter a credit amount enter an account title to record the completion of the two jobs on March 31 enter a debit amount enter a credit amount (To record the completion of the two jobs) 31 enter an account title To record the sale Job 10 enter a debit amount enter a credit amount enter an account title To record the sale Job 10 enter a debit amount enter a credit amount (To record the sale Job 10) 31 enter an account…You are a management accountant for Time Treasures Company, whose company has recently signed an outsourcing agreement with Spotless. Inc., a janitorial service company. Spotless will provide all of Time Treasures janitorial services, including sweeping floors, hauling trash, washing windows, stocking restrooms, and performing minor repairs. Time Treasures will be billed at an hourly rate based on the type of service performed. The work of common laborers (sweeping, hauling trash) is to be billed at $8 per hour. More skilled (repairs) and more dangerous work (washing outside windows on the 23rd floor) are to be billed at $18 per hour. Supervisory time is to be billed at $20 per hour. Spotless will submit monthly invoices, which will show the number and types of hours for which Time Treasures is being charged. The outsourcing contract is simple and straightforward. A. What are some of the internal control problems you foresee as a result of our sourcing the janitorial service with this contract? B. Explain recommendations to control risk that would you suggest after reviewing the contract.Question: James Cook works as a cleaner at stock cruises company Limited. during a week, he worked for the following hours. *Monday - 9 hours *Tuesday - 8 hours *Wednesday - 10 hours *Thursday - 4 hours *Friday - 8. 5 hours * Saturday - 5 hours * James hourly wages rate is $3.50. * he is entitled to 1 hour paid lunch every day. * James normal working hours is 8 hours per day from Monday to Friday. * if he works any hours more than that, he is entilted to to receive overtime wages, time and half. *Saturday and Thursday were a public holiday. Thus, James is entitled to receive double time wages . *from the weekly wages of James, his deductions includes 6% contributions towards a superannuation of his choice, $10 to medical insurance, $8 to a union of his choice, and a direct deposit of $20 as bank loan. reqiured: please answer this question by;; a) Calculate James net pay for the week.
- In March, Crane Company completes Jobs 10 and 11. Job 10 cost $16,400 and Job 11 $24,600. On March 31, Job 10 is sold to the customer for $28,700 in cash. Journalize the entries for the completion of the two jobs and the sale of Job 10. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Mar. 31 31 31 (To record the completion of the two jobs) (To record the sale Job 10) (To record the cost of the job sold) Debit Credit ||1]]]t is the last day of the month and fiscal year, your manager asks you to create an invoice for $10,000 (debiting Accounts Receivable and Crediting Sales) and send it to a specified customer. Normally invoices are sent to customers when products have been shipped or the service has been finished. You manager tells you that we will be shipping equipment and performing the setup services for this customer next month (as early as next week). You know that by preparing the closing entries tomorrow, the revenue will be included in this year’s fiscal year and then the revenue account will be set to zero for the beginning of the year. How would you respond to your manager? Do you have any suggestions or alternative ways you would recommend to your manager on how to record this?9. You are a computer technician for Data Control. You earn a regular hourly rate of $15.40. You earn time and a half for work on Saturdays and double time on Sundays. This week you worked 38 hours from Monday through Friday, 8 hours on Saturday, and 5 hours on Sunday. What is your total pay for the week? HALGERI 40-hour work week. Her for a reguler pay 1or any hours over 40 per