Salary of the company president—$31,300. Salary of the vice president of manufacturing—$16,800. Salary of the chief financial of
ficer—$18,000. Salary of the vice president of marketing—$15,800. Salaries of middle managers (department heads, production supervisors) in manufacturing plant—$192,000. Wages of production workers—$940,000. Salaries of administrative secretaries—$110,000. Salaries of engineers and other personnel responsible for maintaining production equipment—$168,000. Commissions paid to sales staff—$256,000.
Prepare the journal entry.
Prepare the journal entry.
1 answer:
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