43 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. Beginning of Period End of Period Part 1 of 3 Inventories Raw materials $ 43,000 $ 52,000 Work in process 10,200 Finished goods 63,000 21,300 35,600 0.23 points Cost incurred for the period Raw materials purchases Factory payroll $ 210,000 345,000 Factory overhead (actual) Indirect materials used 15,000 Indirect labor used 80,000 eBook Other overhead costs 120,000 Hint Print 1. Raw materials purchases for cash. 2. Direct materials used. 3. Indirect materials used. Prepare journal entries for the above transactions for the period. References View transaction list Journal entry worksheet A B C Record the raw material purchases for cash. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal