Ch 15: Assignment i 10 Use the following information to answer questions. (Algo) [The following information applies to the questions displayed below.] Part 4 of 4 Saved 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. 7.14 points Inventories Raw materials eBook Beginning of period End of Period $ 35,000 $ 37,000 Work in process 9,200 Finished goods 53,000 18,100 33,200 Cost incurred for the period Raw materials purchases Factory payroll Factory overhead (actual) Indirect materials used Hint Indirect labor used Other overhead costs $ 197,000 150,000 14,000 34,500 91,500 Print References Exercise 15-15 (Algo) Recording actual and applied overhead LO P3 1. Incurred other actual overhead costs (all paid in Cash). 2. Applied overhead to work in process. Prepare journal entries for the above transactions for the period. View transaction list View journal entry worksheet No Transaction A 1 Factory overhead Cash B 2 Work in process inventory Factory overhead General Journal Debit Credit 91,500 91,500