The gross earnings of the factory workers for Vargas Company during the month of January are $66,100. The employer's payroll taxes for the factory payroll are $9,100. The fringe benefits to be paid by the employer on this payroll are $5,700. Of the total accumulated cost of factory labor, 85% is related to direct labor and 15% is attributable to indirect labor.
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Prepare the entry to record the factory labor costs for the month of January. |
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Prepare the entry to assign factory labor to production. |
(Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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Account Titles and Explanation
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Debit
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(a)
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(b)
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