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. In the Row Matenals 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 beginining and ending balances along with direct materials used (from part 1), direct labor used (from part 24, and applied overhead Solve for cost of goods manufactured in the period. 4. In the Finished Goods invertory T-account, insert amounts for beginning and ending balances along with cost of goods manufactured firom part 3). Solve for cost of goods sold in the period (do not consider any under-or overapplied overhead). 5 . In the Factory Overhead Taccount, insent amounts for indirect materials used, inclirect labor used, other overthead costs, and applied overhead. Solve for underapplied or overapplied overhead. 1. In the Raw Materials Inventory T-account, insert amounts for beginning and ending balances along 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 alon (from part 1), direct labor used (from part 2), and applied overhead. Solve for cost of goods manufact 4. In the Finished Goods Inventory T-account, insert amounts for beginning and ending balances along manufactured (from part 3). Solve for cost of goods sold in the period (do not consider any under-or 5. In the Factory Overhead T-account, insert amounts for indirect materials used, indirect labor used, o applied overhead. Solve for underapplied or overapplied overhead. Complete this question by entering your answers in the tabs below. Compute the cost of direct labor used for the period. 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. In the Row Matenals 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 beginining and ending balances along with direct materials used (from part 1), direct labor used (from part 24, and applied overhead Solve for cost of goods manufactured in the period. 4. In the Finished Goods invertory T-account, insert amounts for beginning and ending balances along with cost of goods manufactured firom part 3). Solve for cost of goods sold in the period (do not consider any under-or overapplied overhead). 5 . In the Factory Overhead Taccount, insent amounts for indirect materials used, inclirect labor used, other overthead costs, and applied overhead. Solve for underapplied or overapplied overhead. 1. In the Raw Materials Inventory T-account, insert amounts for beginning and ending balances along 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 alon (from part 1), direct labor used (from part 2), and applied overhead. Solve for cost of goods manufact 4. In the Finished Goods Inventory T-account, insert amounts for beginning and ending balances along manufactured (from part 3). Solve for cost of goods sold in the period (do not consider any under-or 5. In the Factory Overhead T-account, insert amounts for indirect materials used, indirect labor used, o applied overhead. Solve for underapplied or overapplied overhead. Complete this question by entering your answers in the tabs below. Compute the cost of direct labor used for the period
