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Required information Use the following information to answer questions. (Static) i'Tt're tottowr'ng information apptr'es to the questions o'r'slotayeo' below).T The following information is available for ADT Company, which produces special-order security products and uses ajob order costing system. Overhead is applied using a predetermined overhead rate of 70% ofdirect labor cost. Beginning of Inventories Period End of Period Raw materials 33 43,699 5 52,666 work in process 16, 299 21,399 Finished goods 63,699 35,666 Cost incurred for the period Raw materials purchases 5 216,666 Factory payroll 345,699 Factory overhead (actual) Indirect materials used 15,699 Indirect labor used 86,666 Other overhead costs 126,699 Exercise 15-12 (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 materials used. Solve for direct materials used in the period. 2. Compute the cost ofdrrect 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 I), direct labor used [from part 2), and applied overhead. Solve for cost of goods manufactured in the period. 4. In the Finished Goods Inventory Taccount, insert amounts for beginning and ending balances along with cost of goods manufactured [from part 3) Solve for cost ofgoods 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. oRequired infonnaliun Required 1 3 4 . and 5 Required 2 1. In the Raw Materials Inventory Tiacoount, insert amounts for beginning and ending balances along wiU'] purchases and indirect materials used. Solve for direct materials used in the period. 3. In the Work in Process Inventory Tiacouunt, 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 oust of goods manufactured in the period. 4. In the Finished Goods Inventory T-accountr insert amounts for beginning and ending balances along with cost of goods manufactured (from part 3). Solve for oost of goods sold in the period (do not consider any under? or overapplied overhead). 5. In the Factory Overhead Tiaocount, insert amounts for indirect materials used, indirect labor used, other overhead costs, and applied overhead. Solve for underapplied or overapplied overhead. Show lusA 253.000 _ Ending __ _ _ a Fleq red2 >