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00 8 Part 2 of 4 7.14 points Skipped ! Required information Use the following information to answer questions. (Algo) [The following information applies
00 8 Part 2 of 4 7.14 points Skipped ! 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 Raw materials Beginning of period End of Period $ 35,000 $ 37,000 Work in process 9,200 eBook Finished goods 53,000 18,100 33,200 + Hint Cost incurred for the period Raw materials purchases Factory payroll Factory overhead (actual) Indirect materials used Print Indirect labor used Other overhead costs $ 197,000 150,000 14,000 34,500 91,500 References Exercise 15-13 (Algo) Recording materials; direct and indirect LO P1, P3 1. Raw materials purchases for cash. 2. Direct materials used. 3. Indirect materials used. Prepare journal entries for the above transactions for the period. View transaction list
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