The entry to record the cost of factory labor and the, Ask an Expert

Accounting

Kline Manufacturing has the following labor costs:

Factory-Gross wages $195,000
Factory-Net wages 160,000
Employer Payroll Taxes Payable 25,000

The entry to record the cost of factory labor and the associated payroll tax expense will include a debit to Factory Labor for

A) $220,000.

B) $195,000.

C) $185,000.

D) $170,000.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M981422

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