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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 special-order security products and uses a job order costing systemOverhead is applied using a predetermined overhead rate of 55% of direct labor cost. Inventories Raw materials Work in process Finished goods Teginning of period $ 25,000 10,000 51,000 End of Period $ 60,000 18,900 34,800 Cost incurred for the period Raw materials purchases $ 190,000 Factory payroll 250,000 Factory overhead (actual) Indirect materials used 9,000 Indirect labor used 57,500 Other Overhead coats 104,500 Exercise 19-12 (Algo) 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 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. 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 3. In the Work in Process Inventory T-account, insert amounts for beginning and ending balances along with direct materials used (from part 1), 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 pa 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 overheach Raw Materials Inventory Work in Processing hces Beginning Beginning Beginning Ending Ending Ending Finished Goods Inventory Factory Overhe Beginning Beginning Beginning 9,000 57,500 104.500 Ending Ending insert amounts for beginning and ending balances along with purchases and indirect materials used. Solve for direct materials used in the period, Linsert amounts for beginning and ending balances along with direct materials used (from part 1), direct laborused (from part 2), and applied overhead. Solve for cost of 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 mounts for indirect materials used, indirect labor used, other overhead costs, and applied overhead. Solve for underapplied or overapplied overhead. Show less Inventory Work in Process Inventory Beginning Beginning Beginning Ending Ending Ending Inventory Factory Overhead Beginning Beginning Beginning 9.000 57.500 Ending 104,500