Kline Manufacturing has the following labor costs: $\begin{array}{lr}
\text { Factory-Gross wages } & \$ 500,000 \
\text { Factory-Net wages } & 420,000 \
\text { Employer Payroll Taxes Payable } & 50,000
\end{array}$ The entry to record the cost of factory labor and the associated payroll tax expense will include a debit to Factory Labor for

Question

Quizplus · Accepted Answer

The debit to Factory Labor should include both the gross wages and the employer payroll taxes payable, totaling $550,000 ($500,000 + $50,000).

Kline Manufacturing Has the Following Labor Costs The Entry to Record the Cost of Factory Labor and wages