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 Raw materials Work in process Beginning of End of Period period $ 39,000 $ 49,000 9,900 19,100 61,000 34,500 Finished goods Cost incurred for the period Raw materials purchases Factory payroll Factory overhead (actual) Indirect materials used. Indirect labor used Other overhead costs $171,000 200,000 11,000 46,000 96,500 ces 1. In the Raw Materials 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 beginning and ending balances along with direct materials used (from part 1), direct labor used (from part 2), and applied overhead. Solve for cost of goods manufactured in the period. 4. In the Finished Goods Inventory T-account, Insert amounts for beginning and ending balances along with cost of goods manufactured (from part 3). Solve for cost of goods sold in the period (do not consider any under- or overapplied overhead). 5. In the Factory Overhead T-account, insert amounts for indirect materials used, indirect labor used, other overhead costs, and applied overhead. Solve for underapplied or overapplied overhead. Beginning Ending Beginning Ending Raw Materials Inventory 0 Finished Goods Inventory Beginning Ending Beginning Ending Beginning Work in Process Inventory Beginning Ending 0 Ending Factory Overhead Beginning Beginning 11,000 46,000 96,500 153,500 + Required 13 4 and 5 Required 2 Compute the cost of direct labor used for the period. The cost of direct labor for the period + Cost of direct labor used