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Q.4.The forming Department of the ABC Company employs six workers on an 8-hour shift at $12.50...

Q.4.The forming Department of the ABC Company employs six workers on an 8-hour shift at $12.50 per hour. Factory overhead is $120 per hour. Production for the second week of June shows, Monday, 460 units, Tuesday, 475 units, Wednesday, 492units, Thursday, 500 units and Friday, 510 units. The company has recently installed a group 100-percent bonus system with a standard production for the group of 60 units per hour. The bonus is computed for each day. The controller asks that any analysis of the week’s production costs.
Required:
Prepare a schedule showing earnings in the department the unit labor cost the unit overhead cost the total cost per unit (Round unit costs to three decimal places)

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Total 2,437 20 a Schedule of Earnings in the Department Monday Tuesday Wednesday Thursday Friday Units produced per day 460 4

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