Professional Documents
Culture Documents
Costacc Quiz 1
Costacc Quiz 1
payroll entry
would include a debit to which of the following accounts for the vacation pay portion of
the entry?*
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Work in Process
Liability for Vacation Pay
Payroll
Cash
If an employee earns P10 per hour and receives time-and-a-half for hours worked in
excess of 40 per week, in a week when 45 hours were worked the overtime premium
would be:*
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P50
P25
The document that is used to secure information as to the type of work performed is
the:*
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requisition
clock card
labor voucher
daily efficiency report
time ticket
The company division that is responsible for recording the direct labor cost on the
appropriate
production reports and the indirect labor cost on the departmental cost analysis sheets
is:*
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