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Question - Sharp enterprise operated its factory on a two shift basis and pays a late shift differential of 15% above the regular wage rate of P65 per hour. The company also pays a premium of 10% for overtime work. During the year, work occurred in the following categories:
Number of hours worked during the regular shift is 10,000. The number of overtime hours for regular shift workers is 300. Number of hours worked during the late shift is 6,000.
Determine the amount of total payroll and distribute the total payroll to Work in Process and Factory Overhead.
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