! Required information [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 Beginning of period Work in process $ 34,000 9,800 63,000 End of Period $ 40,000 20,200 34,200 Finished goods Cost incurred for the period Raw materials purchases Factory payroll Factory overhead (actual) $ 189,000 100,000 Indirect materials used 16,000 Indirect labor used Other overhead costs 23,000 109,000 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.