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 Beginning End of Inventories of period Period $ Raw materials $ 34,000 48,000 9,300 19,900 Work in process Finished goods 69,000 33,100 Cost incurred for the period labor cost Raw materials purchases Factory payroll $ 175,000 250,000 Factory overhead (actual) Indirect materials used 14,000 Indirect labor 57,500 used Other overhead 118,000 costs 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. View transaction list Journal entry worksheet < A B Record the entry for direct labor used. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry View general journal Clear entry Journal entry worksheet < A B Record the entry for indirect labor used. Note: Enter debits before credits. Transaction 2 General Journal Debit Credit Record entry View general journal Clear entry