Solution-Find how much of total labor cost charged to

Find how much of total labor cost charged to overhead

Reference no: EM132747015

ABACADA house produces a variety of household products. The firm operates 24 hours per day with three daily work shifts. The first shift workers receive "regular pay". The second shift receives an 8 percent pay premium, and the third shift receives a 12 percent pay premium. In addition, when production is schedule on weekends, the firm pays an overtime premium of 50 percent (based on the pay rate for first shift employees). Labor premiums are included in overhead. The October 2020 factory payroll is as follows:

Total Wages for October for 32,000 hours P435,600

Normal hourly wage for first-shift employees P12

Total regular hours worked, split evenly among the three shifts 27,000

Problem 1: How much of the total labor cost should be charged to overhead?

Reference no: EM132747015

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Find how much of total labor cost charged to overhead

Reference no: EM132747015

Reference no: EM132747015

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