Question
19 Homework-REQUIRED O 2 The following information applies to the questions displayed below) 25 1 of 4 The following information is available for ADT
19 Homework-REQUIRED O 2 The following information applies to the questions displayed below) 25 1 of 4 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 70% of direct labor cost Investories Rav materials Work in process Period 43,000 10,200 Period 153,000 21,300 Finished goods 35,400 Factory payroll Raw materiale purchases Factory overted (actual) Indirect saterial Indirert labor use other overhead costs $310,000 345,000 P Exercise 19-12 (Static) 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. 4. In the Work in Process Inventory Taccount, 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 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 overspplied overhead 5. In the Factory Overhead Taccount, 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 tabe below. Help Save & Exit Submit Check my work 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 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 o goods manufactured in the period. 4. In the Finished Goods Inventory Taccount, 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 considera under- or overapplied overhead). 5. In the Factory Overhead Taccount, insert amounts for indirect materials used, indirect labor used, other overhead costs, and applied overhead. Solve for underapplied or overappled overhead
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