Question

In the month of october, tran incorporated had salaries of $15,000 for factory managers, $18,000 for financial managers, and $42,000 for company executives. they also had wages of $98,000 for factory workers and $64,000 for office workers. how much would the balance of the factory labor account change between october 1 and october 31?

Answer 1

Factor labour expensies = $15,000 + $98,000 = $113,000
Therefore, the balance of factory labour will change by $113,000 between October 1 and October 31.