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Required information {The following information applies to the questions displayed beiowj The following information is available for ADT Company, which produces specialorder security products and
Required information {The following information applies to the questions displayed beiowj The following information is available for ADT Company, which produces specialorder security products and uses a job order costing system. Overhead is applied using a predetermined overhead rate of 55% ofdirect labor cost. Beginning of Inventories End of Period period Raw materials $ 41,999 $ 44,999 work in process 19,999 18,599 Finished goods 59,999 34,999 Cost incurred for the period Raw materials purchases $ 1?8,999 Factory payroll 259,999 Factory overhead (actual) Indirect materials used 11,999 Indirect labor used 5?,599 Other overhead costs 91,999 1. Direct labor used (recorded as factory wages payable}. 2. Indirect labor used {recorded as factory wages payable}. Preparejournal entries for the above transactions for the period. View transaction list Journal entry worksheet Record the entry for direct labor used. Note: Enter debits before credits. Clear entry View general journal Journal entry worksheet Record the entry for indirect labor used. Note: Enter debits before credits. View general journal
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