Jerrod Sampson is paid $10 an hour for 40 hours a week, with time-and-a-half for overtime and double-time for Sundays and holidays. Overtime premium is charged to Factory Overhead.
Using the labor-time record below:
a. Compute Jerrod's total earnings for the week.
b. Present the journal entry to distribute Jerrod's total earnings.SUTA = 4%, FUTA = 1%, FICA = 8%, FIT = 10%

Question

Quizplus · Accepted Answer

The Answer of Jerrod Sampson is paid $10 an hour for 40 hours a week, with time-and-a-half for overtime and double-time for Sundays and holidays. Overtime premium is charged to Factory Overhead.
Using the labor-time record below:
a. Compute Jerrod's total earnings for the week.
b. Present the journal entry to distribute Jerrod's total earnings.SUTA = 4%, FUTA = 1%, FICA = 8%, FIT = 10%

Jerrod Sampson Is Paid $10 an Hour for 40 Hours