Solution-Determine youngs earnings for each day and for the

Determine youngs earnings for each day and for the week

Reference no: EM13971959

Marcia Young earns $25 per hour for up to 400 units of production per day. If she produces more than 400 units per day, she will receive an additional piece rate of $0.50 per unit. Assume that her hours worked and pieces finished for the week just ended were as follows:

Day	Hours Worked	units per day	per hour rate	Earnings	Additional rate @ 0.50 per unit	Total earning
Monday	8	400	25	200		200
Tuesday	8	380	25	200		200
Wednesday	8	440	25	200	220	420
Thursday	8	450	25	200	225	425
Friday	8	360	25	200		200

a. Determine Young's earnings for each day and for the week.

b. Prepare the journal entry to distribute the payroll, assuming that any make-up guarantees are charged to Factory Overhead.

Reference no: EM13971959

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Determine youngs earnings for each day and for the week

Reference no: EM13971959

Reference no: EM13971959

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