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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 Work in process Finished goods Beginning of period End of Period $ 39,000 $ 49,000 9,500 20,300 66,000 34,600 Indirect materials used Cost incurred for the period Raw materials purchases Factory payroll Factory overhead (actual) Indirect labor used Other overhead costs $ 174,000 200,000 8,000 46,000 115,000 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 Help Save & Exit S Check my w

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