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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

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 Rav materials Work in process Beginning of period End of Period $ 43,000 $ 55,000 9,500 62,000 19,100 33,200 Finished goods Cost incurred for the period: Raw materials purchases $176,000 Factory payroll 200,000 Factory overhead (actual) Indirect materials used 7,000 Indirect labor used 46,000 Other overhead costs 111,000 Exercise 15-15 (Algo) Recording actual and applied overhead LO P3 1. Incurred other actual overhead costs (all paid in Cash). 2. Applied overhead to work in process. Prepare journal entries for the above transactions for the period. Required View transaction list Journal entry worksheet < A B Incash). Record the entry for other actual overhead costs incurred (all paid in cash). Note: Enter debits before credits. Transaction. 1 General Journal Debit Credit Record entry Clear entry View general journal

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