Required Information Use the following Information to answer questions. (Algo) [The following information applies to the questions displayed below] The following Information is avaliable 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 $ 43,000 Beginning of period End of Period $55,000 Work in process 10,000 19,200 Finished goods 55,000 34,200 Cost Incurred for the perio Raw materials purchases $ 180,000 Factory payroll 250,000 Factory overhead (actual) Indirect materials used 3,000 Indirect labor used 57,500 Other overhead costs 110,000 Exercise 19-14 (Algo) Recording direct and Indirect labor LO P2, P3 1. Direct labor used (recorded as factory wages payable). 2. Indirect labor used (recorded as factory wages payable). Prepare journal entries for the above transactions for the period View transaction st Journal entry worksheet < A B Record the entry for direct labor used. Note: Enter debits before credits Transaction General Journal Debit Credit Racordantry Clear entry View general journal