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Sheffield Corp. has the following labor costs: FactoryGross wages $490000 FactoryNet wages 390000 Employer Payroll Taxes Payable 49000 The entry to record the cost of

Sheffield Corp. has the following labor costs:

FactoryGross wages $490000 FactoryNet wages 390000 Employer Payroll Taxes Payable 49000

The entry to record the cost of factory labor and the associated payroll tax expense will include a debit to Factory Labor for

$490000. $539000. $439000. $441000.

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