Factory Labor Costs - pay) incurred by the employer....

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Factory Labor Costs In a manufacturing company, the cost of factory labor consists of three costs: (1) gross earnings of factory workers, (2) employer payroll taxes on these earnings, and (3) fringe benefits (such as sick pay, pensions, and vacation
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: pay) incurred by the employer. Companies debit labor costs to Factory Labor as they incur those costs....
View Full Document

Ask a homework question - tutors are online