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Make a schedule showing earnings in the department

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The forming Department of the ABC Company employs six workers on an 8-hour shift at $12.50 per hour. Factory overhead is $120 per hour. Production for the second week of June shows, Monday, 460 units, Tuesday, 475 units, Wednesday, 492units, Thursday, 500 units and Friday, 510 units. The company has recently installed a group 100-percent bonus system with a standard production for the group of 60 units per hour. The bonus is computed for each day. The controller asks that any analysis of the week's production costs.

Problem 1: Make a Schedule showing earnings in the department the unit labor cost the unit overhead cost the total cost per unit (Round unit costs to three decimal places)

Reference no: EM132655876

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