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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
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 jo order costing system. Overhead is applied using a predetermined overhead rate of 55% of direct labor cost Inventories Raw materials Work in process beginning of period End of Period $49,000 9,700 67,000 Cost Incurred for the period Finished goods Raw materials purchases Factory payroll Factory overhead (actual) Indirect materials used Indirect labor used other overhead costs $48,000 18,900 $170,000 250,000 15,000 57,500 110,000 n the Raw Materials Inventory T-account, insert amounts for beginning and ending balances along with purchases and in aterials used. Solve for direct materials used in the period Compute the cost of direct labor used for the period In the Work in Process Inventory T-account, insert amounts for beginning and ending balances along with direct materia 0 L th Beginning Purchases Raw Materials Inventory 49,000 Ending Beginning Begins 170,000 15,000 Indirect materials Direct Direct materials Direct Overt 204,000 Beginning Cost of goods manufactured Ending Finished Goods Inventory 67,000 Ending Endir Beginning Begi Cost of goods sold Indir Indir 67,000 Ending Oth Unc Regribed 134 20 < Prev 16 of 16 Next DAL FB F6 F7 Beginning Direct materials Work in Process Inventory 9,700 rapplied or overapplied overhea Beginning Cost of goods manufactured Direct labor Overhead applied Ending 9,700 Ending Factory Overhead Beginning Beginning Indirect materials 15,000 Overhead applied Indirect labor 57,500 Other overhead 110,000 Underapplied OH 182,500 0:10:05 ook Required 1 3 4 and 5 Required 2 Compute the cost of direct labor used for the period. The cost of direct labor for the period Total factory payroll Less indirect labor used Cost of direct labor used < Required 134 and 5
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