Question #5
9 balances along with purchases and indirect materials used. Solve for direct materials used in the period. ing balances along with direct materials used (from part 1), direct labor used (from part 2), and applied overhead. Solve for cost of ing balances along with cost of goods manufactured (from part 3). Solve for cost of goods sold in the period (do not consider any lirect labor used, other overhead costs, and applied overhead, Solve for underapplied or overapplied overhead. Compute the cost of direct labor used for the period. Job Order Costing Assignment (i manufactured (from part 3). Solve for cost of goods 5. In the Factory Overhead T-account, insert amounts applied overhead. Solve for underapplied or overa; Complete this question by entering your answers in Compute the cost of direct labor used for the period. \begin{tabular}{lr|r|} \hline \multicolumn{3}{|}{ Work in Process (WIP) } \\ \hline Beginning & 10,800 & \\ DM used & 176,400 & \\ DL used & 150,400 & \\ OH applied & 82,720 & \\ & & 398,720 CofGM \\ \hline Ending & 21,600 & \\ \hline \multicolumn{3}{|r|}{ Finished Goods (FG) } \\ \hline Beginning & 56,000 & \\ CofGM & 398,720 & \\ \hline Ending & 34,200 & \\ \hline \end{tabular} [The following information applies to the questions displayed below] The following information is avallable 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. 1. In the Raw Materlais Inventory T-account, insert amounts for beginning and ending balances along with purchases and indirect materlals used. Solve for direct materials used in the perlod. 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 applled 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 perlod (do not consider any under- or overapplled 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. Job Order Costing Assignment (i manufactured (from part 3). Solve for cost of goods 5. In the Factory Overhead T-account, insert amounts applied overhead. Solve for underapplied or overa; Complete this question by entering your answers in Compute the cost of direct labor used for the period
