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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
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 of period End of Period Raw materials Work in process $ 34,000 $ 41,000 9,200 18,600 Finished goods 56,000 34,500 Cost incurred for the period Raw materials purchases Factory payroll Factory overhead (actual) Indirect materials used Indirect labor used Other overhead costs $ 182,000 300,000 15,000 69,000 103,500
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