Dirk Company completed the salary and wage payroll for March. The payroll provided the following details: Salaries and wages earned $69,350 Employee income taxes withheld $11,437 FICA taxes withheld $5,180 Unemployment taxes $2,716 What is the total labor cost? When recording the employees’ net pay, what is the credit to cash?

Dirk Company completed the salary and wage payroll for March. The payroll provided the following details:
Salaries and wages earned                     $69,350
Employee income taxes withheld           $11,437
FICA taxes withheld                                $5,180
Unemployment taxes                               $2,716
What is the total labor cost?
When recording the employees’ net pay, what is the credit to cash?
 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

The post Dirk Company completed the salary and wage payroll for March. The payroll provided the following details: Salaries and wages earned $69,350 Employee income taxes withheld $11,437 FICA taxes withheld $5,180 Unemployment taxes $2,716 What is the total labor cost? When recording the employees’ net pay, what is the credit to cash? appeared first on Superb Professors.

"Order a Custom Paper on Similar Assignment! No Plagiarism! Enjoy 20% Discount"