(2) Discuss the factors that should be ConSiuciUL for each unit of output produced beyond the first 8 lots. (ICMA adapted) E11-9 (Appendix) Overtime Earnings. A particular Assembly Department employee...

Extracted text: (2) Discuss the factors that should be ConSiuciUL for each unit of output produced beyond the first 8 lots. (ICMA adapted) E11-9 (Appendix) Overtime Earnings. A particular Assembly Department employee is paid $9 per hour for a regular work week of 40 hours: During the week ended March 22 the employee/worked 46 hours and earned time and a half for overtime hours. Required: (1) Prepare the journal entry to record the labor cost if the overtime premium is charged to production worked on during the overtime hours. (2) Prepare the journal entry to record the labor cost if the overtime premium is not charged to production worked on during the overtime hours. E11-10 (Appendix) Bonus and Vacation Pay Liability. Four factory workers and a supervisor constitute one team in the Fabricating Department. The supervisor earns $10 per hour, and the combined hourly direct wages of the four workers is $32. Each employee is entitled to a 2-week paid vacation and a bonus equal to 4 weeks' wages each year. Vacation pay and bonuses are treated as an indirect cost and are accrued over the 50-week work year. pro- vision in the union contract does not allow these employees to work in excess of 40 nours A per week. Required: Prepare the journal entry to record the bonus and vacation pay liability appe cable to one week's production. E11-11 Barton has employees The February pay- Required: Prepare the journal entry to the and pay appli-