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11 Part 4 of 4 [The following information applies to the questions displayed below.] The following information is available for ADT Company, which produces
11 Part 4 of 4 [The following information applies to the questions displayed below.] The following information is available for ADT Company, which produces special-order security product and uses a job order costing system. Overhead is applied using a predetermined overhead rate of 55% direct labor cost. 1 points Inventories Raw materials Work in process Beginning of period: End of Period $ 49,000 $ 46,000 9,200 58,000 20,300 34,400 Finished goods eBook Cost incurred for the period Hint Raw materials purchases Factory payroll References Factory overhead (actual) Indirect materials used Indirect labor used Other overhead costs $ 171,000 150,000 18,000 34,500 94,000 Exercise 19-15 (Algo) Recording actual and applied overhead LO P3 1. Incurred other actual overhead costs (all paid in Cash). 2. Applied overhead to work in process. Prepare journal entries for the above transactions for the period.
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