Q1- The gross earnings of the factory workers for Vargas Company during the month of January are $60,000. The employer's payroll taxes for the factory payroll are $7,000. The fringe benefits to be paid by the employer on this payroll are $5,000. Of the total accumulated cost of factory labor, 80% is related to direct labor and 20% is attributed to indirect labor. Instructions: (a) Prepare the entry to record the factory labor costs for the month of January. (b) Prepare the entry to assign factory labor to production