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During August, Hatch Company incurred factory overhead costs as follows: indirect materials, $1,080; indirect labor, $4,920;...

During August, Hatch Company incurred factory overhead costs as follows: indirect materials, $1,080; indirect labor, $4,920; utilities cost, $1,160; and factory depreciation, $3,220.

Journalize the entry to record the factory overhead incurred during August.

For a compound transaction, if an amount box does not require an entry, leave it blank.
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Answer #1
Date Account Title Debit Credit
Factory overhead $ 10,380
Raw materials inventory $            1,080
Factory wages payable $            4,920
Utilities payable $            1,160
Accumulated depreciation $            3,220
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