Question
! Required information [The following information applies to the questions displayed below.] The following information is available for ADT Company, which produces special-order security
! 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 End of Period Work in process $ 50,000 9,100 $ 50,000 60,000 19,700 34,800 Finished goods Cost incurred for the period Raw materials purchases Factory payroll Factory overhead (actual) $ 178,000 300,000 Indirect materials used 17,000 Indirect labor used Other overhead costs 69,000 101,000 1. Raw materials purchases for cash. 2. Direct materials used. 3. Indirect materials used.
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