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i meed help please. thanks Required information The following information applies to the questions displayed below.) The following information is available for ADT Company, which
i meed help please. thanks
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 70% of direct labor cost Inventories Raw materials Work in process Finished goods Beginning of Period $ 43,000 10,200 63,000 End of Period $ 52,000 21,300 35,600 cost incurred for the period Haw materials purchases $ 210,000 Factory payroll 345,000 Factory overhead (actual) Indirect materials used 15,000 Indirect labor used 80,000 Other overhead costs 120.000 1. In the Row 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 of direct labor used for 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. ed 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 of direct labor used for 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 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 Complete this question by entering your answers in the tabs below. ences Required 134 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 mate 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 (tror 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)) Solve for costo 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 underapp! Raw Materials inventory Work in Process Inventory Beginning Beginning Beginning Beginning my werk Ret 134 aras Red 1. Is the Raw Materials inventory account mounts for being and is channel w Sule for directed 3.1 the work in Process inventory account tort for beginning and enters on the port 1), rector do 7), and led vead scheur * In the Finished Goods Tventory ciertaments for beginning and ending was wong with contortured to part) Soffor cost of goods sold in the periode perdery 1. In the story Overhead account morts for indirected indirectorates, and lead word op verhaal Show Bang wat Praca CA hedder Factory Over 100 Med C Proy 337 Next > E 2 A MacBook Air Required 1 3 4 and 5 Required 2 Compute the cost of direct labor used for the period. The cost of direct labor for the period Cost of direct labor used Step by Step Solution
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