Determine jones earnings for each day

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Reference no: EM133972734

Problem

Olivia Jones earns $20 per hour for up to 300 units of production per day. If she produces more than 300 units per day, she will receive an additional piece rate of $0.5333 per unit. Assume that her hours worked and pieces finished just ended were as follows:

Day                  Hours Worked       Pieces Finished
Monday                   8                         300
Tuesday                  8                       260
Wednesday              8                       420
Thursday                 8                         440
Friday                      8                         280

I. Determine Jones' earnings for each day. (Round piece-rate computations to the nearest whole dollar.). Get the instant assignment help.
II. Prepare the journal entry to distribute the payroll, assuming that any make-up guarantees are charged to Factory Overhead.

Reference no: EM133972734

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