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please help asap please! [The following information applies to the questions displayed below.) The following information is available for ADT Company, which produces special-order security
please help asap please!
[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 55% of direct labor cost. Inventories Raw materials Work in process Finished goods Beginning of period $ 45,000 9,100 65,000 End of Period $ 40,000 20,900 33,500 Cost Incurred for the period Raw materials purchases $ 180,000 Factory payroll 100,000 Factory overhead (actual) Indirect materials used 10,000 Indirect labor used 23,000 Other overhead costs 109,000 1. Direct labor used (recorded as factory wages payable). 2. Indirect labor used (recorded as factory wages payable). Prepare journal entries for the above transactions for the period, 1. Direct labor used (recorded as factory wages payable). 2. Indirect labor used (recorded as factory wages payable). Prepare journal entries for the above transactions for the period. View transaction list Journal entry worksheet Record the entry for direct labor used. Note: Enter debits before credits Transaction General Journal Debit Credit 1 Journal entry worksheet Step by Step Solution
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