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Kamila [148]
2 years ago
14

Factory Overhead Costs During May, Bergan Company incurred factory overhead costs as follows: indirect materials, $8,800; indire

ct labor, $6,600; utilities cost, $4,800; and factory depreciation, $9,000. Journalize the entry to record the factory overhead incurred during May. For a compound transaction, if an amount box does not require an entry, leave it blank.
Business
1 answer:
OverLord2011 [107]2 years ago
7 0

Answer:

The Journal entry is as follows:

Factory Overhead A/c                         Dr. $29,200

To Materials                                                               $8,800

To Wages payable                                                     $6,600

To Utilities Payable                                                     $4,800

To Accumulated Depreciation-Factory                      $9,000

(To record the factory overhead incurred during May)

Workings:

Factory Overhead:

= indirect materials + indirect labor + utilities cost + factory depreciation

= $8,800 + $6,600 + $4,800 + $9,000

= $29,200

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