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Afternoon, Could you check my work and show me so I can learn how to do this problem, The following Information is available for ADT
Afternoon,
Could you check my work and show me so I can learn how to do this problem,
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 Inventories Raw materials Work in process Finished goods Beginning of Period $ 43,00 10,200 63,880 End of Period $ 52,eee 21,300 35,600 Cost incurred for the period Raw materials purchases $ 218,eee Factory payroll 345,cee Factory overhead (actual) Indirect materials used 15,600 Indirect labor used 82.ee Other overhead costs 120,eee 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 Mat View Journal entry worksheet X Debit Credit A Record the raw material purchases for cash. Record the direct materials used. C Record the indirect materials used. Note : = journal entry has been entered
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