Required information

Use the following information to answer questions. $($Algo$)$

Skip to question

$[$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 Beginning of period End of Period

Raw materials $ $38,000$ $ $41,000$

Work in process $9,20020,300$

Finished goods $63,00033,500$

Cost incurred for the period

Raw materials purchases $ $184,000$

Factory payroll $300,000$

Factory overhead $($actual$)$

Indirect materials used $13,000$

Indirect labor used $69,000$

Other overhead costs $107,000$

Exercise $19-15($Algo$)$ Recording actual and applied overhead LO P$3$

Incurred other actual overhead costs $($all paid in Cash$).$

Applied overhead to work in process.

Prepare journal entries for the above transactions for the period.Required information

Use the following information to answer questions. $($Algo$)$

$[$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 Beginning End of

Raw materials $$38,00041,000$

Work in $,9,200,20,300$

process

Finished goods $63,000,33,500$

Cost incurred for the period

Raw materials $

purchases $184,000$

Factory payroll $300,000$

Factory overhead

$($actual$)$

Indirect materials $13,000$

used

Indirect labor $,69,000$

used

Other overhead $,107,000$

costs

Exercise $19-15($Algo$)$ Recording actual and applied overhead LO P$3$

Incurred other actual overhead costs $($all paid in Cash$).$

Applied overhead to work in process.

Prepare journal entries for the above transactions for the period.

Journal entry worksheet

Record the entry for other actual overhead costs incurred $($all paid in Cash$).$

Note: Enter debits before credits.