Jill Cole's Regular Rate of Pay Is $10 Per Hour

question 131

Multiple Choice

Jill Cole's regular rate of pay is $10 per hour with one and one-half times her regular rate for any hours which exceed 44 hours per week. She worked 52 hours last week. Therefore, her gross wages were

• A) $520.
• B) $440.
• C) $560.
• D) $880.

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Definitions:

Underapplied

Underapplied refers to a situation where the allocated or estimated costs for a particular period are less than the actual costs incurred.

Overapplied

A situation where the allocated overhead costs for production exceed the actual overhead expenses incurred.

Direct Materials

Basic substances that can be directly linked to the production process of a good.

Direct Labor

Labor costs that can be directly traced to the production of specific goods or services, such as wages for assembly line workers.