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6 June, 11:45

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

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  1. 6 June, 12:46
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    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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