I'm missing something here. Please help. 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 End of Period $ 43,680 $ 52,000 10,260 21,300 63.680 35,600 Cost incurred for the period Raw materials purchases $ 218,eee Factory payroll 345, eee Factory overhead (actual) Indirect materials used 15.ee Indirect labor used 88,600 Other overhead costs 120.cee 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 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 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 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. 2. 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. Show less Beginning Purchases Raw Materials Inventory 43,000 Beginning 210,000 15.000 indirect materials 188,000 Direct materials Beginning Direct materials Direct labor Overhead applied Work in Process Inventory 10.200 Beginning 185.000 625.400 Cost of goods manufactured 285.000 185,500 Ending 52.000 Ending Ending 21.300 Ending Factory Overhead Beginning Cost of goods manufactured Finished Goods Inventory 63,000 Beginning 625.400 652,800 (Cost of goods sold Beginning Indirect materials Indirect labor Beginning 185,500 Overhead applied 15.000 80.000 Ending 35,600 Ending Other overhead 120.000 29,500 Reme 1 and 5 Required 2 >
