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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 Beginning of period End of Period

Raw materials $ $37,000$ $ $56,000$

Work in process $9,40020,600$

Finished goods $68,00033,300$

Cost incurred for the period

Raw materials purchases $ $173,000$

Factory payroll $200,000$

Factory overhead $($actual$)$

Indirect materials used $16,000$

Indirect labor used $46,000$

Other overhead costs $94,000$

Exercise $15-13($Algo$)$ Recording materials; direct and indirect LO P$1,$ P$3$

Raw materials purchases for cash.

Direct materials used.

Indirect materials used.

Prepare journal entries for the above transactions for the period.