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

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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
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Unformatted text preview: pay) incurred by the employer. Companies debit labor costs to Factory Labor as they incur those costs....
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This note was uploaded on 12/25/2011 for the course ACCOUNTING ac 202 taught by Professor - during the Fall '11 term at Montgomery.

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