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Daktari Enterprises' Schedule of Earnings and Payroll Taxes for April

Question 35

Multiple Choice

Daktari Enterprises' Schedule of Earnings and Payroll Taxes for April is as follows: Daktari Enterprises' Schedule of Earnings and Payroll Taxes for April is as follows: Assuming overhead is a result of the random scheduling of jobs,the entry to record and distribute the employer's payroll taxes would include: A) A debit to Factory Overhead for $14,950. B) A debit to FICA Expense of $10,560. C) A credit to Payroll of $132,000. D) A debit to Work in Process for $11,050. Assuming overhead is a result of the random scheduling of jobs,the entry to record and distribute the employer's payroll taxes would include:


A) A debit to Factory Overhead for $14,950.
B) A debit to FICA Expense of $10,560.
C) A credit to Payroll of $132,000.
D) A debit to Work in Process for $11,050.

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