Overtime Cost (LO 2-5) Skip to question [The following information applies to the questions displayed below.]
A loom operator in a textiles factory earns $17.00 per hour. By contract, the employee earns $25.50 (time and a half) for overtime hours. The operator worked 43 hours during the first week of May, and overtime is paid after the usual 40 hours.
1) Compute the loom operator's compensation for the week.
2) Calculate the employee's total overtime premium for the week.
3) How much of the employee's total compensation for the week is direct-labor cost? How much is overhead?

Johnson company uses the allowance method to account for uncollectible accounts receivable. bad debt expense is established as a percentage of credit sales. for 2018, net credit sales totaled $6,400,000, and the estimated bad debt percentage is 1.40%. the allowance for uncollectible accounts had a credit balance of $61,000 at the beginning of 2018 and $49,500, after adjusting entries, at the end of 2018.required: 1. what is bad debt expense for 2018 as a percent of net credit sales? 2. assume johnson makes no other adjustment of bad debt expense during 2018. determine the amount of accounts receivable written off during 2018.3. if the company uses the direct write-off method, what would bad debt expense be for 2018?