Question: Becky Gonzalez (a factory worker) earns $.50 for every unit she makes up to 240 units. She makes an additioanl $.10 on every unit she

Becky Gonzalez (a factory worker) earns $.50 for every unit she makes up to 240 units.
She makes an additioanl $.10 on every unit she makes over 200.
The union contract guarantees her a minimum of $12 per hour.
During one week, her hours and productivity were as follows:
Hours Units Day Worked completed Monday Tuesday Wednesday 205 177 231 Thursday Friday 189 182 00 00 00 00 00

1. What was Becky's gross compensation for the week?
(Round to two-decimals.)
2. Assuming noidle time (all hours were productive), prepare the journal entry to record the salary payable to Becky for the week. Don't forget to consider the amount of any make-up guarantee.

Hours Units Day Worked completed Monday Tuesday Wednesday 205 177 231 Thursday Friday 189 182 00 00 00 00 00

Step by Step Solution

3.41 Rating (154 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Day Units Earnings Guar Extra M 205 1025 96 65 T ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

1019-B-C-F-D-F(2830).docx

120 KBs Word File

Students Have Also Explored These Related Corporate Finance Questions!