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1 1 of 3 01:58:46 ook [The following information applies to the questions displayed below.] The following information is available for ADT Company, which produces
1 1 of 3 01:58:46 ook [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 Work in process Finished goods Beginning of period $ 49,000 9,600 66,000 Cost incurred for the period Raw materials purchases Factory payroll Factory overhead (actual) Indirect materials used Indirect labor used Other overhead costs 1. Raw materials purchases for cash. 2. Direct materials used. 3. Indirect materials used. End of Period $ 30,000 19,900 33,200 View transaction list $ 179,000 300,000 Exercise 15-13 (Algo) Recording materials; direct and indirect LO P1, P3 18,000 69,000 103,500 Prepare journal entries for the above transactions for the period. Assessment Tool iFrame [The following information applies to the questions displayed below.] The following information is avallable 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. 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
1 1 of 3 01:58:46 ook [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 Work in process Finished goods Beginning of period $ 49,000 9,600 66,000 Cost incurred for the period Raw materials purchases Factory payroll Factory overhead (actual) Indirect materials used Indirect labor used Other overhead costs 1. Raw materials purchases for cash. 2. Direct materials used. 3. Indirect materials used. End of Period $ 30,000 19,900 33,200 View transaction list $ 179,000 300,000 Exercise 15-13 (Algo) Recording materials; direct and indirect LO P1, P3 18,000 69,000 103,500 Prepare journal entries for the above transactions for the period. Assessment Tool iFrame
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