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Kaleidoscope Cutlery manufactures kitchen knives. One of the employees, whose job is to cut out… 1 answer below » Kaleidoscope Cutlery manufactures kitchen knives. One of the employees, whose job is to cut out wooden knife handles, worked 49 hours during a week in January. The employee earns $14 per hour for a 40-hour week. For additional hours the employee is paid an overtime rate of $19 per hour. The employee’s time was spent as follows: ■ Required: 1. Calculate the total cost of the employee’s wages during the week described above. 2. Determine the portion of this cost to be classified View complete question » Kaleidoscope Cutlery manufactures kitchen knives. One of the employees, whose job is to cut out wooden knife handles, worked 49 hours during a week in January. The employee earns $14 per hour for a 40-hour week. For additional hours the employee is paid an overtime rate of $19 per hour. The employee’s time was spent as follows: ■ Required: 1. Calculate the total cost of the employee’s wages during the week described above. 2. Determine the portion of this cost to be classified in each of the following categories: a. Direct labor b. Manufacturing overhead (idle time) c. Manufacturing overhead (overtime premium) d. Manufacturing overhead (indirect labor) View less » Dec 04 2015 02:32 PM
