Peggy Nolan earns $20 per hour for up to 300 units of production per day. If she

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Peggy Nolan earns $20 per hour for up to 300 units of production per day. If she produces more than 300 units per day, she will receive an additional piece rate of $.5333 per unit. Assume that her hours worked and pieces finished for the week just ended were as follows:
Peggy Nolan earns $20 per hour for up to 300

a. Determine Nolan€™s earnings for each day and for the week. (Round piece-rate computations to the nearest whole dollar.)
b. Prepare the journal entry to distribute the payroll, assuming that any make-up guarantees are charged to Factory Overhead.

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Principles of Cost Accounting

ISBN: 978-1305087408

17th edition

Authors: Edward J. Vanderbeck, Maria Mitchell

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