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Managerial accounting Chapter Two. Problem 1 Mary Adams is employed by Apple company, last week she worked 34 hours, assembling one of the company’s products.

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Presentation on theme: "Managerial accounting Chapter Two. Problem 1 Mary Adams is employed by Apple company, last week she worked 34 hours, assembling one of the company’s products."— Presentation transcript:

1 Managerial accounting Chapter Two

2 Problem 1 Mary Adams is employed by Apple company, last week she worked 34 hours, assembling one of the company’s products and was idle 6 hours due to the material shortage, Apple’s employees are engaged to their workstations for a normal of 40 hours weekly, Mrs. Adams is paid $15/hour, allocate her earnings between direct labor and M.o.h.

3 Problem 2 John Olsen operates a stamping machine on the assembly line of Sony company, last week he worked for 45 hours, his basic wage rate is $14/hour, with time and a half for overtime (time worked in excess of 40 hours weekly) allocate his wage for the week between Direct labor and M.o.h


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