Use the following information to answer questions
Kee-Co.'s production workers are paid $10 per hour. Overtime wages are $15 per hour and second shift workers (who never receive overtime) are paid a 10% shift premium. During June, employees worked 6,000 regular hours, 200 overtime hours, and 1,440 shift hours.
-Direct labor cost for June is

Question

Use the following information to answer questions 
Kee-Co.'s production workers are paid $10 per hour. Overtime wages are $15 per hour and second shift workers (who never receive overtime) are paid a 10% shift premium. During June, employees worked 6,000 regular hours, 200 overtime hours, and 1,440 shift hours.
-Direct labor cost for June is

Quizplus · Accepted Answer

Regular hours cost = 6,000 hours * $10/hour = $60,000. Overtime cost = 200 hours * $15/hour = $3,000. Shift premium = 1,440 hours * $10/hour * 10% = $1,440. Shift hours cost = 1,440 hours * $10/hour = $14,400. Total = $60,000 + $3,000 + $1,440 + $14,400 = $78,840.

Use the Following Information to Answer Questions