Average Construction Time = 100 weeks Name : Ricky Chen

E10-1
Calculation NIM : 2440043710
Learning Curve = 80%
Number of Bridges Completion Time
1 (done) 100
2 80
4 64
8 51.2

Numbers of bridges constructed for under one year average construction time = 7 bridge
 Assembly Department
E10-3 Journal Entries
Account Name Debit Credit
WIP $ 441.00
Payroll $ 441.00 (40 hours * $ 9,00 + 6 hours * 1,5 * $ 9,00)

Assembly Department
Journal Entries
Account Name Debit Credit
WIP $ 360.00 (40 hours * $ 9,00)
Factory Overhead Control $ 81.00 (6 hours * 1,5 * $ 9,00)
Payroll $ 441.00
 1 Amount charge to WIP for two weeks
P10-2
Total Earnings = $ 1.140

Regular Earnings = $ 12 * 80 = $ 960,00

Overtime Earnings = Total - Regular Earnings
Overtime Earnings = $ 1.140 - $ 12 * 80
Overtime Earnings = $ 180

Overtime Work Hour = $ 180 / ($ 12 * 1,5)

Overtime Work Hour = $ 180 / $ 18
Overtime Work Hour = 10 work hours

WIP Earnings = Total Work Hours * $ 12 = 90 * $ 12 = $ 1.080

2 Amount charge to Factory Overhead Control for two weeks

Total Earnings = Regular Earnings + Overtime Earnings.

$ 1.140 = $ 960 + Overtime Earnings.
Overtime Earnings = $ 180
Overtime Earnings = Overtime Premium + $ 12 * Work hours
$ 180 = Overtime Premium + $ 120
Overtime Premium = $ 60

Factory Overhead Control = Additional Expense + Overtime Premium

Factory Overhead Control = $ 273,20 + $ 60
Factory Overhead Control = $ 333,20

3
If there's a problem with the machinery which resulted in the
production being interrupted. The cost should be charge into
the Factory Overhead Account because it categorize as an
additional expense in the current production.