This document provides payroll information for ABC Manufacturing Co. for the period of January 1-31, 2020, including monthly salaries for five personnel positions and overtime hours worked. It requests the preparation of a payroll sheet and journal entries for the payroll of these employees.
This document provides payroll information for ABC Manufacturing Co. for the period of January 1-31, 2020, including monthly salaries for five personnel positions and overtime hours worked. It requests the preparation of a payroll sheet and journal entries for the payroll of these employees.
This document provides payroll information for ABC Manufacturing Co. for the period of January 1-31, 2020, including monthly salaries for five personnel positions and overtime hours worked. It requests the preparation of a payroll sheet and journal entries for the payroll of these employees.
Prepare the payroll of the following personnel of ABC Manufacturing Co. for the period 1-31, 2020.
The paid working days is 26 days per month excluding Sundays.
Normal working hours is from 8am to 5pm. Lunch break of all employees is at 12 noon until 1pm. Personnel Monthly Salary Prod. Worker A P50,800 Prod. Worker B P49,500 Production Line leader P53,400 Factory Helper P45,600 Factory Guard P52,100
Personnel Overtime Rendered
Prod. Worker A Thursday, 5pm to 12 am Prod. Worker B Sunday, 8am to 1:00 am Line leader Regular Holiday, Monday 8am-12 midnight Factory Helper Special Holiday, Tuesday, 8am to 12 midnight Factory Guard Special Day and Sunday Rest day, 8am- 5pm
Prepare the payroll sheet and all the necessary journal entries.