Required Information

$[$The following informotion opplies to the questions disployed 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 o predetermined overhesd rate of $70\%$ of direct labor cost.

Inventories

Raw matcrials

Work in process

Finished goods

Beginning of

Period

End of Period

$43,000$

$19,2eg$

$$52,e$

$21,3Ee$

$63,009$

$35,6Be$

Cost incurred for the period

Raw matcrials purchases

Factory payroll

Factory overhead $($actual$)$

Indirect naterials used

Indirect labor used

$ $210,009$

Indirect labor used

$15,$ eea

$8B,$eeg

$12B,0eg$

In the Row Msterisls Inventory T$-$sccount, insert smounts for beginning snd ending bolances slong with purchoses ond indirect

materisls used. Solve for cirect materisls used in the period.

$2$ Compute the cost of direct labor used for the period.

In the Work in Process Inventory T$-$sccount, insert omounts for beginning and ending bolances olong with direct moterisls used

$($from port $1),$ direct labor used $($from part $2),$ and opplied overhesd. Solve for cost of goods manufactured in the period.

In the Finished Goods Inventory T$-$sccount, insert amounts for beginning and ending bolsnces along with cost of goods

monufactured $($from port $3).$ Solve for cost of goods sold in the period $($do not consider any under$-$or overopplied overhead$).$

In the Foctory Overhesd T$-$sccount, insert amounts for indirect moterials used, indirect labor used, other overhead costs, and

opplied overhesd. Solve for underopplied or overopplied overhesd.

Complete this question by entering your answers in the tabs below.

goods manufactured in the period.

under$-$ or overapplied overhead$).$