The gros earning of the factory worker for vargas company, Ask an Expert

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The gros earning of the factory worker for Vargas Company during the month of January are $66,000. The employer's payroll taxes for the facory payroll are $8,000. The fringe benefits to be paid by the employer on this payroll are $6,000. Of the total accumulated cost of facory labor, 85% is related to direct labor and 15% is attributable to indirect labor.

Prepare the entry to assign factory labor to production.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9969916

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