Check my work 7 Required information Use the following information to answer questions. (Algo) [The following information applies to the questions displayed below.] Part 1 of 4 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 1.42 overhead rate of 55% of direct labor cost. points Skipped Inventories Beginning of End of period Period Raw materials $ 31, 000 Work in process 9,500 18 , 708 Finished goods 50, 080 33 , 100 eBook Cost incurred for the period Raw materials p $ 176, 000 Factory payroll 200, 080 Factory overhead (actual) Indirect materials 14, 080 Indirect labor used 46, 000 Other overhead costs 115, 500 Print Exercise 15-12 (Algo) Computing materials, labor, overhead, and cost of goods manufactured LO P1, P2, P3, P4 1. In the Raw Materials In T-account, insert amounts for beginning and ending balances along with purchases and indirect materials used. Solve for direct materials used in the period. 2. Compute the cost of direct labor used for the period. 3. In the Work s Inventory T-account, insert amounts for beginning and ending balances along with direct materials used (from part 1), direct labor used (from part 2), and applied overhead. Solve for cost of goods manufactured in the period. 4. In the Finished Goods Inventory T-account, insert amounts for beginning and ending balances along with cost of goods manufactured (from part 3). Solve for cost of goods sold in the period (do not consider any under- or overapplied overhead). 5. In the Factory Overhead T-account, insert amounts for indirect materials used, indirect labor used, other overhead costs, and applied overhead. Solve for underapplied or overapplied overhead. Raw Materials Inventory Beginning Beginning Ending Ending Finished Goods Inventory Beginning Beginning Ending 0 Ending Work in Process Inventory Beginning Beginning Ending Ending Factory Overhead Beginning Beginning 14,000 46,000 115,500 75,500 Required 1 3 4 Required 2 and 5 Compute the cost of direct labor used for the period. The cost of direct labor for the period Cost of direct labor used