Randy Wetzel earns $25 per hour for up to 400 units of production per day. If he

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Randy Wetzel 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 $.50 per unit. Assume that his hours worked and pieces finished for the week just ended were as follows:
Randy Wetzel earns $25 per hour for up to 400

a. Determine Wetzel€™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 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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