How much of the accrued payroll at april should be charged, Accounting Basics

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How much of the accrued payroll at april should be charged

Western Industries pays employees on a weekly basis on Tuesday for the week ended the previous Friday. Employees' compensation is earned evenly each day over a 5-day work week. This year, April 30 fell on Thursday. Payroll costs for the week ended May 1 follow:
Non Factory:
Sales $ 5,000
Administrative 10,000
$15,000
Factory:
Direct labor $25,000
Overtime premium 2,500
Indirect labor 15,000
$42,500
$57,500

Excluding payroll taxes, how much of the accrued payroll at April 30 should be charged to Factory Overhead?

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Accounting Basics: How much of the accrued payroll at april should be charged

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Accounting Basics: How much of the accrued payroll at april should be charged

Reference No:- TGS039705

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Standardized rate on a futures contract

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Ask an Expert for Answer!!

Accounting Basics: How much of the accrued payroll at april should be charged

Reference No:- TGS039705

Recent Questions Asked Accounting Basics

Q : Standardized rate on a futures contract

Q : Draw indiffrence curves of prefrence assumptions

Q : Determine the accumulated value of payments

Q : What is the factory overhead efficiency variance

Q : How much of the accrued payroll at april should be charged

Q : How company incorporate risk into decision-making process

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Q : What the amount of the make-up guarantee will be

Q : Compute consolidated cost of goods sold

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