Required information Use the following information to answer questions. (Static) [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 70% of direct labor cost. Beginning of Period End of Period Inventories Raw materials Work in process Finished goods $ 43,000 10,200 63,000 Cost incurred for the period $ 52,000 21,300 35,600 Raw materials purchases $ 210,000 Factory payroll 345,000 Factory overhead (actual) Indirect materials used 15,000 Indirect labor used 80,000 Other overhead costs 120,000 Exercise 19-13 (Static) Recording materials; direct and indirect LO P1, P3 1. Raw materials purchases for cash. 2. Direct materials used. 3. Indirect materials used. Prepare journal entries for the above transactions for the period. View transaction list View journal entry worksheet No Transaction General Journal Debit Credit A 1 Raw materials purchased Raw materials purchased 210,000 210,000 B 2 Raw materials inventory Direct materials used C 3 Indirect labor 9,000 9,000