Reference no: EM131663506
Question: Labor cost, overtime, and idle time. David Letterman works in the production department of Northeast Plastics (NEP) as a machine operator. David, a long-time employee of NEP, is paid on an hourly basis at a rate of $24 per hour. David works five 8-hour shifts per week Monday-Friday (40 hours). Any time David works over and above these 40 hours is considered overtime for which he is paid at a rate of time and a half ($36 per hour). If the overtime falls on weekends, David is paid at a rate of double time ($48 per hour). David is also paid an additional $24 per hour for any holidays worked, even if it is part of his regular 40 hours. David is paid his regular wages even if the machines are down (not operating) due to regular machine maintenance, slow order periods, or unexpected mechanical problems. These hours are considered "idle time." During December David worked the following hours:
Hours worked including
machine downtime Machine downtime
Week 1 50 6.0
Week 2 44 2.0
Week 3 46 4.0
Week 4 45 3.5
Included in the total hours worked are two company holidays (Christmas Eve and Christmas Day) during Week 4. All overtime worked by David was Monday-Friday, except for the hours worked in Week 3; all of the Week 3 overtime hours were worked on a Saturday
1. Calculate (a) direct manufacturing labor, (b) idle time, (c) overtime and holiday premium, and (d) total earnings for David in December.
2. Is idle time and overtime premium a direct or indirect cost of the products that David worked on in December? Explain.
Write about metamorphosis lineage expunge and androgynous
: Write about Metamorphosis, Lineage, Expunge, Androgynous, Ovation, Libation, Opulent, Flotilla, Plummet and Seraph.
|
How much is cost of goods sold
: On January 1, 2015, the balance in the Work-in-Process inventory account is $12,000. Cost of goods manufactured is $290,000. How much is cost of goods sold
|
Why this is an important aspect of providing care to patient
: How care can be made more affordable without limiting access to necessary care
|
Describe health information systems within healthcare
: Describe health information systems within healthcare setting and the profession of nursing in all practice domains and settings .
|
Calculate direct manufacturing labor
: Labor cost, overtime, and idle time. David Letterman works in the production department of Northeast Plastics (NEP) as a machine operator.
|
Company to influence changes in sweatshop standards
: the responsibility of the outside company to influence changes in sweatshop standards,
|
What is the amount of under- or over-applied overhead
: Actual direct labor hours for 2015 were 100,000, and actual overhead was $1,520,000. What is the amount of under- or over-applied overhead for the year
|
Analysis of bloom statement of comprehensive income
: Which of the following would result from a vertical analysis of Bloom's statement of comprehensive income
|
Discuss safeguarding health information and systems
: Safeguarding Health Information and Systems, What wording would you include in a document that each staff member must sign before being allowed access
|