Question: Marcellus Wallace earns 25 per hour for up to 400

Marcellus Wallace earns $25 per hour for up to 400 units of production per day. If he produces more than 400 units per day, he will receive an additional piece rate of $0.50 per unit. Assume that his hours worked and pieces finished for the week just ended were as follows:

a. Determine Wallace's earnings for each day and for the week.
b. Prepare the journal entry to distribute the payroll, assuming that any make-up guarantees are charged to FactoryOverhead.
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  • CreatedMay 05, 2014
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