Kline Manufacturing has the following labor costs: $$\begin{array} { l r }
\text { Factory-Gross wages } & \$ 500,000 \
\text { Factory-Net wages } & 420,000 \
\text { Employer Payroll Taxes Payable } & 50,000
\end{array}$$ The amount recorded as an increase to Factory Labor will be
A)$550000.
B)$500000.
C)$470000.
D)$450000.

Question

Kline Manufacturing has the following labor costs: $$\begin{array} { l r } 
\text { Factory-Gross wages } & \$ 500,000 \
\text { Factory-Net wages } & 420,000 \
\text { Employer Payroll Taxes Payable } & 50,000
\end{array}$$ The amount recorded as an increase to Factory Labor will be
A)$550000.
B)$500000.
C)$470000.
D)$450000.

Quizplus · Accepted Answer

The Answer of Kline Manufacturing has the following labor costs: $$\begin{array} { l r } 
\text { Factory-Gross wages } & \$ 500,000 \
\text { Factory-Net wages } & 420,000 \
\text { Employer Payroll Taxes Payable } & 50,000
\end{array}$$ The amount recorded as an increase to Factory Labor will be
A)$550000.
B)$500000.
C)$470000.
D)$450000.

Kline Manufacturing Has the Following Labor Costs The Amount Recorded as an Increase to Factory Labor Will