Question
A payroll summary prepared at ROB Manufacturing Company showed the following figures for January 20X1: Direct labor costs incurred $ 41,000 Indirect labor costs incurred
A payroll summary prepared at ROB Manufacturing Company showed the following figures for January 20X1:
Direct labor costs incurred $ 41,000
Indirect labor costs incurred $ 5,000
Social security tax withheld $ 2,852
Medicare tax withheld $ 667
Income tax withheld $ 11,500
Required: Give the January 31 entry in general journal form to record the labor costs incurred.
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Supply Chain Management Accounting Managing Profitability Working Capital And Asset Utilization
Authors: Simon Templar
1st Edition
0749472995, 978-0749472993
