Required information Use the following information to answer questions. {Static} [The foii'owing information applies to the questions displayed below,T The following information is available for ADT Company, which produces specialorder 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 Inventories Period End of Period Raw materials 5 43,666 5 52,666 Rock in process 16,266 21,366 Finished goods 63,666 35,666 Cost incurred for the period Raw materials purchases $ 216,666 Factory payroll 345,666 Factory overhead (actual) Indirect materials used 15,666 Indirect labor used 86,666 Other overhead costs 126,666 Exercise 15-12 {Static} Computing materials, labor. overhead, and cost of goods manufactured LO P1, P2, P3, P4 1. In the Raw Materials Inventory Taccount, 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 ofdirect labor used for the period. 3. In the Work in Process Inventory Taccount, 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 Taccount. insert amounts for indirect materials used, indirect labor used, other overhead costs. and applied overhead. Solve for underapplied or overapplied overhead. Complete this question by entering your answers in the tabs below. Required 1 3 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