Question: 6. Richard Corp has the following data for the third week of December: Employee Name Classification Hours Worked Rate per hour 45 50 S. Kuhol
6. Richard Corp has the following data for the third week of December: Employee Name Classification Hours Worked Rate per hour 45 50 S. Kuhol T. Aileen U. Jose V. Jay W. Richmond X. Edward Laborer Office Secretary 46 Laborer 50 Factory Supervisor 55 Sales agent 52 Laborer 48 45 52 48 60 45 The following are to be deducted to the gross earnings of emplo Witholding taxes 5% SSS contributions 3% Philhealth 1% Pag-ibig 1% Richard Corp paid its employees one and half times the regular rate for hours worked in excess of 40 hours. What is the total amount charged to Selling and Administrative expenses? 7. Mr. Koala, a factory worker is paid P150 per hour for a regular work of 40 hours. During the week, Mr. Koala worked 45 hours and earned time and a half for overtime hours. If overtime premium is charged to the jobs worked during the overtime hours, how much is the amount charged to Work in Process account? 8. Mr. Koala, a factory worker is paid P150 per hour for a regular work of 40 hours. During the week, Mr. Koala worked 45 hours and earned time and a half for overtime hours
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