Homework Answers
Solution:
Direct labor = Regular hour worked in cutting out knife hand * regular rate= 38*10 = $380
Manufacturing overhead (Idle time) = Idle time * Regular rate = 1*10 = $10
Maufacturing overhead (Overtime premium) = Overtime hours * Over time premium = (48-42) * (18-10) = $48
Manufacturing overhead (Indirect labor) = Hours in general shop clean up * regular rate = 9*10 = $90
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employees, whose job is to cut out wooden knife handles, worked 51
hours during a week in January. The employee earns $15 per hour for
a 40-hour week, and overtime is paid after 40 hours. For additional
hours the employee is paid an overtime rate of $20 per hour. The
employee’s time was spent as follows:
Regular duties involving cutting out knife handles
43
hours
General shop cleanup duties
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hours
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