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  • Solution:: Management Accounting

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    usman faisal
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    M Usman 2183105

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    7 views1 page

    Solution:: Management Accounting

    Uploaded by

    usman faisal

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Management Accounting

    Muhammad Usman
    Reg # 2183105 Solution:

    Given Data: Gross Wages $26,112


    Over Time Payment $627

    Total Employee 40 Total Wages $26,739.2

    Hrs per Week 38

    Total standard Hrs in 04 weeks 6080 Deduction 30% $8,021.76

    Total Working Hours 6528 Net Wages $18,717.4

    Over Time Hrs 448

    Standard Rate $4 Idle Time (Hrs) 188

    Over Time Premium $1.4 Productive Time (Hrs) 6340

    Direct labour cost $25,360

    * Indirect Labour Cost = Premium Cost for Over time + Iddle Cost Indirect labour cost $1,379.20

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