Solution-What was mr shoemaker wage for that tuesday

What was mr shoemaker wage for that tuesday

Assignment Help Cost Accounting

Reference no: EM132738956

Problem 1: Shoe Repair Trading uses a piecework and time-based system to pay its employees. Employees are paid N$20 for replacing a shoe sole. The hourly rate is N$5 for a daily 7 hours shift. Mr Shoemaker managed to replace the sole of 25 shoes on Tuesday last week in 7 hours. Using the piecework system what was Mr. Shoemaker's wage for that Tuesday?

Reference no: EM132738956

Questions Cloud

What the total overhead was for aldorp : Fixed overhead budget variance, a P6,000 unfavorable variable overhead spending variance, and a P2,000 favorable volume variance. The total overhead was

Build suspense and make you want to continue reading : How does the author build suspense and make you want to continue reading? If there was an additional chapter or sequel to the selection,

Explain what is overtime premium : Friday at an hourly rate of N$70.00 and overtime is paid at a time-and-half. During the week he worked 8 hours overtime. What is overtime premium?

Prayerfully reflect upon the literature : Having completed this course of study, prayerfully reflect upon the literature and share how 1 of the literary pieces, characters,

What was mr shoemaker wage for that tuesday : Managed to replace the sole of 25 shoes on Tuesday last week in 7 hours. Using the piecework system what was Mr. Shoemaker's wage for that Tuesday?

Comment on whether a lower assessed level of control risk : Comment on whether a lower assessed level of control risk approach or a predominantly substantive approach be more appropriate for this account

What the under or over absorbed factory overhead cost : The budgeted manufacturing overhead rate used during the past year was 200% of direct labour cost. The under/over absorbed factory overhead cost for the period?

Validated with appropriate research literature : These strategies have to be validated with appropriate research literature.

Prepare the journal entries that should be recorded : Prepare the journal entries that should be recorded as of December 31, 2019, to recognize each of the situation above

User Account

All Pages

What was mr shoemaker wage for that tuesday

Reference no: EM132738956

Reference no: EM132738956

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT