Solution-What amount should be charged to factory overhead

What amount should be charged to factory overhead account

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Reference no: EM132562686

CORONA Company recently adopted an incentive plan. Factory workers are paid P7.50 per unit with a guaranteed minimum wage of P2,000 per week. Following is a report on employees' productivity for the week June 5, 2020. All employees worked the full 40-hour week.

Weekly Summary

Employee's Name - Units produced

CJ, Alvarez - 240

AC, Briones - 286

LJ, Corpuz - 275

FP, Diaz - 240

LM, Espina - 225

RR, Ferrer ; 285

Required:

Question 1. Compute each employee's gross pay.

Question 2. What amount should be charged to work in process?

Question 3. What amount should be charged to factory overhead account?

Reference no: EM132562686

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What amount should be charged to factory overhead account

Reference no: EM132562686

Reference no: EM132562686

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