During August, Rothchild Company incurred factory overhead costs as follows: indirect materials, $17,500; indirect labor, $22,000; utilities cost, $9,600; and factory depreciation, $17,500. Journalize the entry to record the factory overhead incurred during August.
Answer:
Factory Overhead 66,600
Materials 17,500
Wages Payable 22,000
Utilities Payable 9,600
Accumulated Depreciation—Factory 17,500