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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. 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. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Exercise 19-15 (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. Journal entry worksheet Record the entry for other actual overhead costs incurred (all paid in Cash). Note: Enter debits before credits. Journal entry worksheet Record the entry to apply overhead to work in process. Note: Enter debits before credits
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