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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. 1. Raw materials purchases for cash. 2. Direct materials used. 3. Indirect mterials used. Prepare journal entries for the above transactions for the period. Journal entry worksheet Record the raw material purchases for cash. Note: Enter debits before credits. Journal entry worksheet Journal entry worksheet
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