How much must be the total payroll for week

Assignment Help Cost Accounting

Reference no: EM132693467

The following data are given for the period August 12 to 18, 20C:

Total Hours:

Pete Tuazon - 48,

Jose Carlos - 46,

Mario Farela - 50,

Ben Gomez - 53,

Lucio Lim - 53,

Gem Tinio - 51;

Regular:

Tuazon - 48,

Carlos - 43,

Farela - 48,

Gomez - 46,

Lim - 45,

Tinio - 45;

OT:

Carlos - 3,

Farela - 2,

Gomez - 7, Lim - 8,

Tinio - 6.

Jobs Worked On: 21:

Carlos - 12,

Farela -15,

Gomez - 16,

Lim - 17,

Tinio - 10; 22:

Carlos - 20,

Farela -25,

Gomez - 30,

Lim - 15,

Tinio - 18; 23:

Carlos - 9,

Farela - 9,

Gomez - 5, Lim - 20,

Tinio - 17.

Others: Gomez - Delivery=4, Tinio - Repairs=5.

Problem 1: Pete Tuazon is the foreman with hourly rate of P30. All the workers under him receive P25 per hour. Overtime work was rendered on working days on Job 23, based on a rush order. Accordingly, overtime premium is 25%. How much must be the total payroll for the week?

Option 1: P7,765

Option 2: P7,927.50

Option 3: P7,800

Option 4: Not given.

Reference no: EM132693467

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