Computing payroll earnings and taxes A. Jolly of Pittsburgh anufacturing Company is paid at the...
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Computing payroll earnings and taxes A. Jolly of Pittsburgh anufacturing Company is paid at the rate of $20 an hour for an 8-hour day, with time-and-a-half for overtime and double-time for Sundays and holidays. Regular employment is on the basis of 40 hours a week, five days a week. At the end of a week, the labor time record shows the following: Because jobs are randomly scheduled for the overtime period, any overtime premium is charged to Factory Overhead. a. Compute Jolly's total earnings for the week. b. Present the journal entry to distribute Jolly's total earnings
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