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Answer all questions Required information [The following information applies to the questions displayed below.] The following information is available for ADT Company, which produces special-order

Answer all questions

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Required information [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 Beginning of period End of Period Raw materials $ 30, 000 $ 40, 000 Work in process 10, 000 20, 400 Finished goods 53 , 000 33 , 100 Cost incurred for the period Raw materials purchases $ 195,000 Factory payroll 150, 000 Factory overhead (actual ) Indirect materials used 9,000 Indirect labor used 34, 500 Other overhead costs 98 , 500 1. Raw materials purchases for cash. 2. Direct materials used. 3. Indirect materials used. Prepare journal entries for the above transactions for the period

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