Answer

Requirea 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 6 195, 000 Factory payroll 150, 060 Factory overhead (actual ) Indirect materials used 9 , 060 Indirect labor used 34, 500 Other overhead costs 98 , 500 1. Direct labor used (recorded as factory wages payable). 2. Indirect labor used (recorded as factory wages payable). Prepare journal entries for the above transactions for the period