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0 Required information Use the following information to answer questions. (Algo) [The following information applies to the questions displayed below.) The following information is available

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0 Required information Use the following information to answer questions. (Algo) [The following information applies to the questions displayed below.) The following information is available for ADT Company, which produces special-order security products and uses a job order costing system. Overhead is applied using a predetermined overhead rate of 55% of direct labor cost. Inventories Beginning of End of Period period $ 39,000 Raw materials Work in process Finished goods $ 41,000 9,300 19,500 66,000 33,700 Cost incurred for the period $ 187,000 Raw materials purchases Factory payroll 250,000 Factory overhead (actual). Indirect naterials used 16,000 Indirect labor used. Other overhead costs 57,500 106,500 Exercise 19-12 (Algo) Computing materials, labor, overhead, and cost of goods manufactured LO P1, P2, P3, P4 Exercise 19-12 (Algo) Computing materials, labor, overhead, and cost of goods manufactured LO P1, P2, P3, P4 1. In the Raw Materials Inventory T-account, insert amounts for beginning and ending balances along with purchases and indirect materials used. Solve for direct materials used in the period. 2. Compute the cost of direct labor used for the period. 3. In the Work in Process Inventory T-account, insert amounts for beginning and ending balances along with direct materials used (from part 1), direct labor used (from part 2), and applied overhead. Solve for cost of goods manufactured in the period. 4. In the Finished Goods Inventory T-account, insert amounts for beginning and ending balances along with cost of goods manufactured (from part 3). Solve for cost of goods sold in the period (do not consider any under- or overapplied overhead). 5. In the Factory Overhead T-account, insert amounts for indirect materials used, indirect labor used, other overhead costs, and applied overhead. Solve for underapplied or overapplied overhead. Complete this question by entering your answers in the tabs below. Required 134 and 5 Required 2 1. In the Raw Materials Inventory T-account, insert amounts for beginning and ending balances along with purchases and indirect materials used. Solve for direct 3. In the Work in Process Inventory T-account, insert amounts for beginning and ending balances along with direct materials used (from part 1), direct labor use goods manufactured in the period. 4. In the Finished Goods Inventory T-account, insert amounts for beginning and ending balances along with cost of goods manufactured (from part 3). Solve for under or overapplied overhead). 5. In the Factory Overhead T-account, Insert amounts for indirect materials used, indirect labor used, other overhead costs, and applied overhead. Solve for unde cost of goods manufactured (from part 3). Solve for cost of goods sold in t 5. In the Factory Overhead T-account, insert amounts for indirect materials used, indirect labor used, other overhead costs, and applied overhead. Solve for underapplied or overapplie nead). Raw Materials Inventory Work in Process inventory 41,000 Beginning Beginning Purchases Beginning Beginning Direct materials 9,300 173,000 187.000 Cost of goods manufachand 16.000 Indirect materials Direct labor 192.500 173.000 Direct materials Overhead applied 105,875 Ending 39,000 Ending Ending 400,675 Ending Factory Overhead Finished Goods Inventory 00,000 Beginning Beginning Begivning Beginning Indirect materials 16.000 Overhead applied Cost of goods manufactured Indirect labor 57,500 other overhead 100,500 00,000 Ending Ending 180,000 Underapplied OH Remed 158 Required 2 > Required information 2. Compute the cost of used for the period. 3. In the Work in Process Inventory T-account, insert amounts for beginning and endi (from part 1), direct labor used (from part 2), and applied overhead. Solve for cost of ge 4. In the Finished Goods Inventory T-account, insert amounts for beginning and endin manufactured (from part 3). Solve for cost of goods sold in the period (do not consider 5. In the Factory Overhead T-account, insert amounts for indirect materials used, indire applied overhead. Solve for underapplied or overapplied overhead. Complete this question by entering your answers in the tabs below. Required 1 34 and 5 Required 2 Compute the cost of direct labor used for the period. The cost of direct labor for the period Cost of direct labor used Required 1 3 4 and 5

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