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PLEASE HELP ME TO ANSWER THIS AND PROVIDE WHAT IS REQUIRED 2. Pamela Sy,...

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Accounting

PLEASE HELP ME TO ANSWER THIS AND PROVIDE WHAT IS REQUIRED

2. Pamela Sy, an employee of the Paper Company is paid P 200 per hour for a regular week for 40 hours. During the week ended November 14, the employee worked for 48 hours and earned time and a half (0.5) for overtime hours.

Required: 1. Journal entry to record the labor cost if the overtime premium is charged to the jobs worked in during the overtime hours 2. Journal entry to record the labor cost if the overtime premium is not charged to specific jobs.

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