Crane Company has the following labor costs: $550000 Factory-Gross wages Factory-Net wages Employer Payroll Taxes...
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Crane Company has the following labor costs: $550000 Factory-Gross wages Factory-Net wages Employer Payroll Taxes Payable 450000 55000 The entry to record the cost of factory labor and the associated payroll tax expense will include a debit to Factory Labor for $495000 O $605000 O $505000 O $550000
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