A company operates a factory which employed 40 direct workers throughout the four-week period just ended. Direct employees were paid at a basic rate of $4.00 per hour for a 38-hour week. Total hours of the direct workers in the four-week period were 6,528. Overtime, which is paid at a premium of 35%, is worked in order to meet general production requirements. Employee deductions total 30% of gross wages. 188 hours of direct workers’ time were registered as idle.
Calculate the following for the four-week period just ended.
Gross wages (earnings)
$
Deductions
$
Net wages
$
Direct labour cost
$
Indirect labour cost