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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 and

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 $ 30,000 $ 34,000 Work in process 9,700 Finished goods 68,000 18,900 34,600 Cost incurred for the period Raw materials purchases Factory payroll Factory overhead (actual) Indirect materials used Indirect labor used Other overhead costs $ 170,000 250,000 16,000 57,500 90,500 1. Raw materials purchases for cash. 2. Direct materials used. 3. Indirect materials used. Prepare journal entries for the above transactions for the period. Journal entry worksheet B C Record the raw material purchases for cash. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal >

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