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Kline Manufacturing has the following labor costs: FactoryGross wages $500,000 + FactoryNet wages 420,000 Employer Payroll Taxes Payable 50,000 The entry to record the cost

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Kline Manufacturing has the following labor costs: FactoryGross wages $500,000 + FactoryNet wages 420,000 Employer Payroll Taxes Payable 50,000 The entry to record the cost of factory labor and the associated payroll tax expense will include a debit to Factory Labor for $550,000. $500,000. $470,000. $450000. 99

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