During May, Salinger Company incurred factory overhead costs as follows: indirect materials, $3,450; indirect labor, $2,020; utilities cost, $2,690; and factory depreciation, $4,750. Journalize the entry to record the factory overhead incurred during May.

Journal entry of factory overhead incurred as below

Explanation:

given data

indirect materials = $3,450

indirect labor = $2,020

utilities cost = $2,690

factory depreciation = $4,750

solution

we know that factory overhead include all the cost of manufacturing except direct material cost and direct labor cost

so that Journal entry of factory overhead incurred as

General Journal                      Debit              Credit

Factory Overhead                  $12910  

Materials                                                         $3450

Wages Payable                                              $2020

Utilities Payable                                              $2690

Accumulated Depreciation-Factory              $4750

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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