A foundry employee worked a normal 40- hour shift, but four hours were idle due to a

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A foundry employee worked a normal 40- hour shift, but four hours were idle due to a small fire in the plant. The employee earns $18 per hour.

Required

1. Calculate the employee’s total compensation for the week.

2. How much of this compensation is a direct labor cost? How much is overhead?


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Managerial Accounting

ISBN: 9780073022857

7th Edition

Authors: Ronald W Hilton

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