Factory Overhead Costs During August, Carrothers Company incurred factory overhead costs as follows: Indirect materials, 53,260; indirect labor, $3,970; utilities cost, $1,210; and factory depreciation, $5,230. Journalize the entry to record the factory overhead incurred during August, If an amount box does not require an entry, leave it blank. Feedback TCheck Mly Wok Record the expenses as factory overhead, and reduce the materials inventory, increase the liabilities, and accumulate the depreciation