In: Accounting
Becky Gonzalez (a factory worker) earns $ .50 for every unit she makes up to 200 units. She makes an additional $.10 on every unit she makes over 200.The union contract guarantees her a minimum of $12 per hour.During one week, her hours and productivity were as follows:
DAYS HOURS WORKED UNITS COMPLETED
Monday 8 210
Tuesday 8 175
Wednesday 8 240
Thursday 8 160
Friday 8 195
WHAT'S THE ANSWER FOR :
WIP$
MOH$
Salaries expense $
THANKS!
Day | Minimum Hourly Wages | Wages as per the piece rate | Amount payable |
Monday | $ 96.00 | $ 101.00 | $ 101.00 |
Tuesday | $ 96.00 | $ 87.50 | $ 96.00 |
Wednesday | $ 96.00 | $ 104.00 | $ 104.00 |
Thursday | $ 96.00 | $ 80.00 | $ 96.00 |
Friday | $ 96.00 | $ 97.50 | $ 97.50 |
Total | $ 480.00 | $ 470.00 | $ 494.50 |
Salaries expense = $494.50 | |||
WIP = $470.00 | |||
MOH = $24.50 |