O Required Information Use the following Information to answer questions. (Static) The following information applies to the questions displayed below) The following information is available for ADT Company, which produces special-order secunty products and uses a job order costing system. Overhead is applied using a predetermined overhead rate of 70% of direct labor cost. Beginning of Inventories Period End of Period Raw materials $ 43,000 $ 52,400 Work in process 10,200 21,300 Finished goods 63,000 35,600 cost incurred for the period Raw materials purchases $ 210,000 Factory payroll 145, Factory overhead (actual) Indirect materials used 15,000 Indirect labor used 30,000 other overhead costs 120,000 es Exercise 19-12 (Static) Computing materials, labor, overhead, and cost of goods manufactured LO P1, P2, P3, P4 1. In the Raw Materials Inventory T-account, insert amounts for beginning and ending balances along with purchases and indirect matertals 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. Wys manufactured from part 3 Sove for cost of goods sold in the period do not code ander or overapplied overhead 5. In the Factory Overhead Taccountinent amounts for indirect materials used indirectiobor use other overed cous, and applied overhead Solve for underapplied or overapped overhead Complete this question by entering your answers in the tabs below 3 ered 1. to the Raw Materials inventory account,rert amounts for beginning and and lands song with purchases and indirect materiale ved Solve for de material the period for cost of goods manufactured in the period. In the Work Process inventory account, ist amounts for being and ending wth dred metal ved from part 1). Grector od rom part 2), and applied overhead solve 4. In the Good Inventory account amounts for beginning and ending belowth cost of goods meractured from part 3). Sove for cost of goods sold in the peod (do not derart under of over overheads So in the redory Overhead act, ist amounts for indirect materials used, wirect labore either overhead costs, and applied overhead Balve for underapplied or overcoled overed Haw Wales very Degene von Processory Bend de Endre dos nary Factory Overhead Bene 15 000 120.000 Ende