Andy Hardy, SS# 063-74-8921, is a Grade 2 Machinist who earns $18 per hour. On Monday, June

Question:

Andy Hardy, SS# 063-74-8921, is a Grade 2 Machinist who earns $18 per hour. On Monday, June 10 through Wednesday, June 12, he worked four hours per day on each of Jobs AX20 and AX25. On Thursday, he worked six hours on Job AX25 and two hours on maintenance, while on Friday he worked four hours on AX25 and four hours on maintenance. His supervisor is Anne Smithers, who signs off on all labor time records on Saturday of the week just ended.


Required:

1. Prepare a labor time record (LTR 777) for Hardy for the week ended June 15, 2013.

2. Compute the amounts of direct labor costs, by job, and indirect labor costs created by Hardy's work for the week.

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Related Book For  book-img-for-question

Principles of Cost Accounting

ISBN: 978-1133187868

16th edition

Authors: Edward J. Vanderbeck

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