Required information Part 3 of 4 Use the following information to answer questions. (Algo) [The following information applies to the questions displayed below.) 1.78 points 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. Skipped Inventories Raw materials Work in process Finished goods Beginning of period $ 45,000 9,100 54,000 End of Period $ 55,000 18,600 34,700 eBook Hint Cost incurred for the period Raw materials purchases $ 190,000 Factory payroll 150,000 Factory overhead (actual) Indirect materials used 18,000 Indirect labor used 34,500 Other overhead costs 91,500 Print Red References Exercise 19-14 (Algo) Recording direct and indirect labor LO P2, P3 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