Depreciation on product equipment

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Reference no: EM13925678

Recording factory overhead transaction.

Drew Inc. incurred a variety of costs during the month of Dec. These costs wer $20,000 for factory labor, $7430 for supervisors' salaries, $3230 for depreciation on product equipment, $1730 for electricity for the manufacturing facilitiy, $1525 for indirect materials, and $7710 for direct materials.

Dec.	31		Debit	Credit
		Wages Payable
		Accumulated Depreciation-Equipment
		Utilities Payable
		materials

Reference no: EM13925678

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