Problem 1: Basilica earns P1,000 per week for a five-day week, and he is entitled to 10 paid holidays and four weeks of paid vacation. Holiday pay and bonuses are treated as indirect costs and are accrued over the 48- week work year.

1. What is the amount of total holiday pay? (round off to the nearest whole number)

2. How much vacation pay should be expensed per week? (round off to the nearest two decimal places)

Problem 2:

	Regular	Overtime	Job No. 1	Jobs No. 2	Job No. 3	Others
Pipa	48
Charlie	43	3	12	20	9	Inspection	4 hours
Ferguson	48	2	15	25	9
Gillie	46	7	16	30	5
Lilac	45	8	17	15	20
Stitch	45	6	10	18	17	Repairs	5 hours

Additional info:

- Pipa is a foreman with an hourly rate of $100. All the workers under him receive $75 per hour.

- Overtime premium is 25%

- Lilac worked for 4 hours because of the rush nature of Job 3. Other overtime work is due to the greater volume of work for the period.

Questions:

1. How much is the total labor cost? (rounded off to nearest centavo).

2. How much is debited to the Work in Process account? (rounded off nearest centavo)

3. How much is debited to the Factory Overhead control account? (rounded off to nearest centavo)