PE 19-3A Factory overhead costs

During February, Gross Company incurred factory overhead costs as follows: indirect materials, $34,000; indirect labor, $81,000; utilities cost, $10,000; and factory depreciation, $61,000. Journalize the entry to record the factory overhead incurred during February.

Answer:


Factory Overhead 186,000  
Materials  34,000 
Wages Payable  81,000 
Utilities Payable  10,000 
Accumulated Depreciation—Factory  61,000