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Homework: Job Order Costing Assignment 0 Saved eBook Hht 'EF an E] References Required information [The fofiowing information appir'es to the questions displayed below] The
Homework: Job Order Costing Assignment 0 Saved eBook Hht 'EF an E] References Required information [The fofiowing information appir'es to the questions displayed below] The following information is available for ADT Company, which produces specialsorder securit},r products and uses ajob order costing system. Overhead is applied using a predetermined overhead rate of 55% of direct labor cost. Beginning at Inventories End of Period period Raw materials S 35,999 $ 52,699 work in process 9,699 19,799 Finished goods 59,999 34,599 Cost incurred for the period Raw materials purchases $ 174,699 Factor).r payroll 196,699 Factor).r overhead (actual) Indirect materials used 12,699 Indirect labor used 23,699 Other overhead costs 111,699 1. In the Raw Materials Inventory 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 ofdirect labor used for the period. 3. In the Work in Process Inventory Taccount, insert amounts for beginning and ending balances along with direct materials used (trom 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 ofgoods manutactured (trom part 3). Solve for cost ot goods sold in the period (do not consrder anyr under or overapplied overhead). 5. In the Factory Overhead Taccount. insert amounts for indirect materials used, indirect labor used, other overhead costs. and applied overhead. Solve for underapplied or overapplied overhead. 'I. In the Raw Materials Inventory Tsaccount. 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 in Process Inventory Taccount' 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. Complete this question by entering your answers in the tabs below. Required 1 3|4 and 5 Required 2 1. In the Raw Materials Inventory T-account, insert amounts for beginning and ending balances along with purchases and indirect materials used. Solve for direct materials used in the period. 3. In the Work in Process 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 overappiied 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. Show IessA \fComplete this question by entering your answers in the tabs below. Required 1 3 4 and 5 Reqmred 21
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