John Letterman works in the production department of Northeast Plastics (NEP) as a machine operator....
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Accounting
John Letterman works in the production department of Northeast Plastics (NEP) as a machine operator. John, a long-time employee of NEP, is paid on an hourly basis at a rate of $40 per hour. John works five 8-hour shifts per week Monday-Friday (40 hours). Any time John works over and above these 40 hours is considered overtime for which he is paid at a rate of time and a half ($60 per hour). If the overtime falls on weekends, John is paid at a rate of double time ($80 per hour). John is also paid an additional $40 per hour for any holidays worked, even if it is part of his regular 40 hours. ?(click the icon to view additional information and the hours. Read the requirements Requirement 1. Calculate (a) direct manufacturing labor, (b) idle time, (c) overtime and holiday premium, and (d) total earnings for John in December. (a) First determine the formula, then enter the amounts to calculate total direct manufacturing labor cost. (Abbreviations used: mfg = manufacturing.) Direct mfg labor costs Week 1 ( Week 2 Week 3 Week 4 (
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