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Author Question: In the manufacturing plant, Alex is paid $40 an hour for straight-time and $60 an hour for overtime. ... (Read 72 times)

Capo

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on: Mar 6, 2021

Question 1

In determining product cost, what concerns does a manufacturing firm have when contracting with a government agency?

Question 2

In the manufacturing plant, Alex is paid $40 an hour for straight-time and $60 an hour for overtime. One week she worked 54 hours, which included 8 hours of overtime, and 6 hours of idle time caused by material shortages.

Required:
a.What is Alex's total compensation for the week?
b.What amount of compensation would be reported as direct manufacturing labor?
c.What amount of compensation would be reported as manufacturing overhead? 
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by Capo on Mar 6, 2021

Shshxj

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Reply #1 on: Mar 6, 2021
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Capo

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Reply 2 on: Mar 6, 2021
:D TYSM

kishoreddi

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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