Solution-Journal entry to record the labor cost

Journal entry to record the labor cost

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Q1) KER, an employee of abc Company is paid P200 per hour for a regular week of 40 hours. During the week ended November 14, the employee worked for 48 hours and earned time and a half for overtime hours. Journal entry to record the labor cost if the overtime premium is not charged to specific jobs?

Q2) Ker, an employee of the abc Company is paid P200 per hour for a regular week of 40 hours. During the week ended November 14, the employee worked for 48 hours and earned time and a half for overtime hours. Journal entry to record the labor cost if the overtime premium is charged to the jobs worked on during the overtime hours will include a debit to work in process in the amount of?

Reference no: EM132960822

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Journal entry to record the labor cost : During the week ended November 14, the employee worked for 48 hours and earned time and a half for overtime hours. Journal entry to record the labor cost

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Journal entry to record the labor cost

Reference no: EM132960822

Reference no: EM132960822

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