How much is the total labor cost should be charged to direct

Reference no: EM132743390

Tidy House product 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% pay premium, scheduled on weekends, the firm pays an overtime premium of 50% (based on the pay rate for first shift employees.) Labor premiums are included in overhead.

The October 2018 factory payroll is as follows:

Total wages for October for 32,000 hrs Php 435,600
Normal hourly wage for first shift employee Php 12
Total regular hours worked, split evenly Among the three shifts 27,000

Problem a. How many overtime hours were worked in October?

Problem b. How much is the total labor cost should be charged to direct labor? To overhead?

Problem c. What amount of overhead was for second and third shift premiums? For overtime premiums?

Reference no: EM132743390

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