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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

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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 uses a job order costing system. Overhead is applied using a predetermined overhead rate of 55% of direct labor cost Inventories Raw materials Mork in process Finished goods Beginning of period. $ 46,000 9,900 51,000 End of Period $30,000 20,700 34,500 Cost incurred for the period Raw materiale purchases Factory payroll Factory overhead (actual) Indirect materials used Indirect labor used other overhead costs $195,000 150,000 15,000 34,500 54,000 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. 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 used. Solve for direct materials used in 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 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). Selve for cost of goods said in the period (do not under- or overappiled 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 overappiled overhead. Beginning Purchases Ending Beginning Ending Raw Materials Inventory 46.000 Beginning 15.000 indirect materials Beginning 195.000 30.000 226,000 Ending Ending Finished Goods inventory Work in Process Inventory 5.000 Beginning Cost of goods sold 9.900 Ending Factory Overhead Beginning thegeving Beginning 15.000 34,500 Ending 54,000 143.500 Required 2>

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