Factory Overhead Costs During August, Carrothers Company incurred factory overhead costs as follows: indirect materials, $2,840; indirect labor, $6,920; utilities cost, $1,440; and factory depreciation, $3,600. Journalize the entry to record the factory overhead incurred during August. If an amount box does not require an entry, leave it blank.
Factory Overhead Costs During August, Carrothers Company incurred factory overhead costs as follows: indirect materials, $2,840; indirect labor, $6,920; utilities cost, $1,440; and factory depreciation, $3,600. Journalize the entry to record the factory overhead incurred during August. If an amount box does not require an entry, leave it blank.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:### Factory Overhead Costs
During August, Carrothers Company incurred factory overhead costs as follows: indirect materials, $2,840; indirect labor, $6,920; utilities cost, $1,440; and factory depreciation, $3,600.
Journalize the entry to record the factory overhead incurred during August. If an amount box does not require an entry, leave it blank.
Below is an interactive section for inputting the journal entries:
| Debit/Credit | Account Title | Amount |
|--------------|---------------|--------|
| | | |
| | | |
| | | |
| | | |
Fill in the above journal entry table to record the factory overhead costs correctly. Ensure that each cost is categorized and recorded precisely to reflect the accurate financial dynamics of the company.
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