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HELP FAST ASAP Required Information (The following information applies to the questions displayed below.] The following information is available for ADT Company, which produces special-order
HELP FAST ASAP
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 Raw materials Work in process Findshed goods Beginning of period End of Period $44,000 5 54,000 9,500 -20.30 54,000 33,700 Cast incurred for the period Raw materials purchases $ 190,000 Factory payroll 200,000 Factory Overhead (actual) Indirect materials used 8.000 Indirect laborused 46,000 other overhead costs 98.5 1. Raw materiais purchases for cash. 2. Direct materials used 3. Indirect materials used. Prepare journal entries for the above transactions for the period. View transaction Bot Journal entry worksheet A B c Record the raw material purchases for cash 1. Raw materiais purchases for cash. 2 Direct materials used. 3. Indirect matertals used Prepare Joumal entries for the above transactions for the period. View transaction at Journal entry worksheet B C > Record the raw material purchases for cash. Notes before che Transaction General Journal Det Gredit 1 Record entry Clear entry View journal 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 transactionat w Journal entry worksheet Record the direct materials used. Note: Enter debebatore credits General Journal Debit Credit Transaction 2 Record entry Clear entry View gal Journal 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 et w Journal entry worksheet > Record the indirect materials used. Note: Enter debits before credits Transaction General Journal Debit Credit 3 Record entry Clear entry View general Journal 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. Mew transaction let Journal entry worksheet A B > Record the entry for direct labor used. Nota: Enter debitore credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal 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. View transaction Mist Journal entry worksheet Step by Step Solution
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