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ment During the current month, Wacholz Company incurs the following manufacturing costs. (b) (e) Incurred factory labor of $41,400. Of that amount, $30,400 relates to
ment During the current month, Wacholz Company incurs the following manufacturing costs. (b) (e) Incurred factory labor of $41,400. Of that amount, $30,400 relates to wages payable and $11,000 relates to payroll taxes payable Factory utilities of $3,700 are payable, prepaid factory property taxes of $2,530 have expired, and depreciation on the factory building is $8,200 Prepare journal entries for each type of manufacturing cost. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Credit
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