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Page 31 . Recorded administrative salaries, $9,500, and sales salaries, $17,100, less deductions for employees' income taxes and FICA taxes. 31 . Issued check for payment of the salaries. 31 . The following wages and salaries were earned or accrued during January: Indirect labor.... Administrative salaries.................................... Sales salaries 2 Direct Labor .. $287,375 22,500 19,000 34,200 Megerle Custom Cabinet Co. used the following form to compute the amount of payroll taxes incurred: Items Factory wages Adm. Salaries Sales salaries Totals Required: Taxable FICA tax Earnings FUTA SUTA Total Payroll Taxes 2. 3. 4. Prepare the journal entries to record the foregoing transactions, including the distribution of payroll costs. Complete the previous form to show the payroll taxes imposed on the employer for January. Prepare the journal entry to distribute payroll taxes, assuming that the payroll taxes imposed on the employer for factory wages are to be charged to Factory Overhead, the taxes for administrative salaries are to be charged to Miscellaneous Administrative Expense, and the taxes for sales salaries are to be charged to Miscellaneous Selling Expense. 4. Assume that the factory employees worked on January 29, 30, and 31. What was the amount of accrued wages on January 31 ? (Hint: Assume that there were no accrued wages at the beginning of the month.) ZOOM Activate Windows Go to Settings to activate Windows.
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