A furniture factory’s employees work overtime to finish an order that is sold on January 31.
Question
A furniture factory’s employees work overtime to finish an order that is sold on January 31. The office sends a statement to the customer in early February and payment is received by mid-February. The overtime wages should be expensed in: – Q/A (Question and Answer)
Test Answer
Answer:
either January or February depending on when the pay period ends.
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