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    Costacon Ba3aa

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    rhea.mjei

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    Costacon Ba3aa

    Uploaded by

    rhea.mjei
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    COSTACON_BA3AA

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    Costacon Ba3aa

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    ASIAN INSTITUTE OF SCIENCE AND TECHNOLOGY GENERAL EDUCATION DEPT.

    Midterm Examination
    1 Semester School Year 2024-2025
    st

    COSTACON: COST ACCOUNTING

    NAME: ____________________________ DATE: ___________


    SECTION: _________________________ SCORE: __________

    Solve for the following. No solution no point (5POINTS)


    I. Jose Dizon, a worker with daily rate of P 160, timed in a total of 45 hours for the
    week May 2-8. His daily time reports show that during the same week, the
    accounted for the 45 hours as follows:

    656 12
    671 10
    675 5
    679 15
    Idle 3
    time
    Total 45
    II. Computation for Daily Rate: No solution no point.
    (2POINTS EACH)
    1. An employee with monthly salary rate of P 5,000
    2. An employee with monthly salary rate of P 15,000
    3. An employee with monthly salary rate of P 35,000
    4. An employee with monthly salary rate of P 105,000
    5. An employee with monthly salary rate of P 20,000

    III. Based on the foregoing rates, the amount earned by a worker with daily rate of
    P 800 and who works for eight (8) hours only in one day. (2POINTS EACH)
    1. On a rest day:
    2. On a special day:
    3. On a rest day which is also a special day:
    4. On a regular holiday:
    5. On a regular holiday which is also a rest day:

    IV. Complete the payroll table. (2points each) No solution No point.


    Hourly Weekly Hours Timed – in Taxes Gross
    Rate Earning Jan. 1 -5 income
    s
    Regular OT
    1. MS Manag 120 25 475
    G er
    2. RB Worker 100 2,200 450
    G
    3. YS Worker 90 18 430
    G
    4. AD Worker 85 1,700 420
    B
    5. CG Worker 80 23 410
    B
    Note that MSG, CGB and YSG has an overtime of 10,20,15 respectively.

    COSTACON_BA3AA_RBG

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