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Required information Use the following information to answer questions. (Algo) {The following information applies to the questions displayed below} The following information is available for ADT Company, which produces specialorder security products and uses ajob order costing system. Overhead is applied using a predetermined overhead rate of 55% of direct labor cost. Beginning of Inventories End of Period period Raw materials 5 49,669 $ 36,869 work in process 9,769 29,669 Finished goods 53,669 33,169 Cost incurred for the period Raw materials purchases 5 196,899 Factory payroll 266,899 Factory overhead (actual) Indirect materials used 11,699 Indirect labor used 46,899 Other overhead costs 91,599 Exercise 15-15 [Algal Recording actual and applied overhead LO P3 1. Incurred other actual overhead costs [all paid in Cash}. 2. Applied overhead to work in process. Preparejournal entries forthe above transactions forthe period. 05 15-18 (Algo) Computing and recording over- or underapplied overhead LO P4 A company applies overhead at a rate of 150% of direct labor cost. Actual overhead cost for the current period is $945,500, and direct labor cost is $621,000. 1. Compute the under or overapplied overhead. 2. Prepare the-journal entry to close over or underapplied overhead to Cost of Goods Sotd. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute die under or overapplied overhead. Total actual overhead cost Total applied overhead cost Required 2 > 05 15-18 (Algo) Computing and recording over- or underapplied overhead LO P4 A company applies overhead at a rate of 150% of direct labor cost Actual overhead cost for the current period is $945,500, and direct labor cost is $621,000. 1. Compute the under or overapplied overhead. 2. Prepare lhejournai entry to close over or underapplied overhead to Cost of Goods Sold. Complete this question by entering your answers in the labs below. Required 1 ' Required 2 Prepare the journal entry to close over or underapplied overhead to Cost of Goods Sold. View transaction list Journal entry' worksheet Record the entry to close over or underapplied overhead. Note: Enter debits before credits. Required information Use the following infoa'mation to answer questions. (Algoj [The foil'owing Information applies to the questions dispiayed beiowj' 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 55% of direct labor cost. Beginning of Inventories End of Period period Raw materials 5 49,999 5 36,999 work in process 9,?99 29,699 Finished goods 53,999 33,199 Cost incurred for the period Raw materials purchases 5 195,999 Factory payroll 299,999 Factory overhead {actual} Indirect materials used 11,999 Indirect labor used 46,999 other overhead costs 91,599 Exercise 15-12 lAlgo) Computing materials, labor, overhead, and cost of goods manufactured LO P1, P2, P3, P4 LU Bl . 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. . Compute the cost of direct labor used for the period. . In the Work in Process Inventory Taccount, insert amounts for beginning and ending balances along with direct materiais used (from part 1], direct labor used (from part 2], and applied overhead. Solve for cost of goods manufactured in the period. . 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 of goods soid in the period [do not consider any under or overapplied overhead). . 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 nabs below. Required 1 3 4 . and 5 Requlred 2 1. In the Raw Materials Inventory Tiacoount, insert amounts for beginning and ending balances along with purchases and indirect materials used. Solve for dired materials used in the period. 3. In the Work in Process Inventory Tiacoount, insert amounts for beglnning 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 Tiaocount, insert amounts for beginning and ending balances along with oust of goods manufactured (from part 3). Solve for east of goods sold in the period (do not consider any under? or overapplied overhead). 5. In the Factory Overhead Tiaooountr insert amounts for indirect materials used, indirect labor used, other overhead costs, and applied overhead. Solve for undelapplied or overapplied overhead. Show less; Beginning Beginning Complete this question by entering your answers in the labs below. Required 1 3 4 and 5 Reqmred 2 Compute the east of direct labor used for the pen'ed. Cost of direct labor used