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 Beginning of period End of Period Raw materials $ 44,000 $ 51,000 Work in process 10,000 20,500 Finished goods 60,000 33,800 Cost incurred for the period Raw materials purchases Factory payroll Factory overhead (actual) Indirect materials used Indirect labor used Other overhead costs $ 184,000 250,000 9,000 57,500 115,500 In the Raw Materials Inventory Teaccount incert amou 1. In the Raw Materials Inventory T-account, Insert amounts for beginning and ending balances along with purchases and indirect materials used. Solve for direct materials used in the period. 2. Compute the cost of direct labor used for the period. 3. In the Work in Process Inventory T-account, Insert amounts for beginning and ending balances along with direct materials used (from part 1), direct labor used (from part 2), and applied overhead. Solve for cost of goods manufactured in the period. 4. In the Finished Goods Inventory T-account, Insert amounts for beginning and ending balances along with cost of goods manufactured (from part 3). Solve for cost of goods sold in the period (do not consider any under- or overapplied overhead). 5. In the Factory Overhead T-account, insert amounts for Indirect materials used, indirect labor used, other overhead costs, and applied overhead. Solve for underapplied or overapplied overhead. Complete this question by entering your answers in the tabs below. es Required 134 and 5 Required 2 1. In the Raw Materials Inventory T-account, insert amounts for beginning and ending balances along with purchases and Indirect materials use 3. In the Work In Process Inventory T-account, Insert amounts for beginning and ending balances along with direct materials used (from part 1 goods manufactured in the period. 4. In the Finished Goods Inventory T-account, insert amounts for beginning and ending balances along with cost of goods manufactured (from under or overapplied overhead). Required information Beginning Raw Materials Inventory Beginning Beginning Work in Process Ending Ending Ending Finished Goods Inventory Factory Over Beginning Beginning Beginning Ending: Ending Beaudrart 2 9,000 57,500 115,500 ces Inventory Work in Process Inventory Beginning Beginning Beginning as Inventory Ending Ending Ending Factory Overhead Beginning Beginning Beginning 9,000 57,500 Ending 115,500 Required 2 S Complete this question by entering your answers in the tabs below. Required 134 and 5 Required 2 Compute the cost of direct labor used for the period. The cost of direct labor for the period Cost of direct labor used < Required 134 and 5 Required 2 > of 4 ces Journal entry worksheet A 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 generaliournal > Journal entry worksheet < A C Record the direct materials used. Note: Enter debits before credits. Transaction 2 General Journal Debit Credit > View general journal Record entry Clear entry Journal entry worksheet < A B Record the indirect materials used. Note: Enter debits before credits. Transaction General Journal Debit Credit 3 Journal entry worksheet < A B Record the entry for direct labor used. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal > Journal entry worksheet < A Record the entry for indirect labor used. Note: Enter debits before credits. Transaction 2 General Journal Debit Credit Record entry Clear entry View general journal < A B Record the entry for other actual overhead costs incurred (all paid in Cash). Note: Enter debits before credits. Transaction General Journal Debit Credit View general journal Record entry Clear entry Journal entry worksheet < A Record the entry to apply overhead to work in process. Note: Enter debits before credits. Transaction 2 General Journal Debit Credit Record entry Clear entry 9 < Prev 8 of 17 View general journal *** Next > >