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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
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. Inventories Raw materials Work in process Finished goods Beginning of Period $ 43,000 10,200 63,000 Cost incurred for the period Raw materials purchases Factory payroll Factory overhead (actual) Indirect materials used Indirect labor used Other overhead costs View transaction list End of Period $ 52,000 21,300 35,600 $ 210,000 345,000 15,000 80,000 120,000 Exercise 19-15 (Static) 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. Check my work Required information Use the following information to answer questions. (Static) The following information applies to the questions displayed below] The following information is avasable for AOT Company, which produces apecial-order security products and uses a job order costing system. Overhead is applied using a predetermined oveshead rate of 703 of drect labor cost Exercise 19-15 (Static) Recording actual and applied overhead LO P3 3. incurred other actual ovemend costs (all paid in Cosh) 2. Appied overhead to work in procest. Prepore joumal enthes for the above varisactions for the period 1. Incurred other actual ovorhead 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 Recond the entry for other octual overheod costs incurred (all poid in Cash)
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. Inventories Raw materials Work in process Finished goods Beginning of Period $ 43,000 10,200 63,000 Cost incurred for the period Raw materials purchases Factory payroll Factory overhead (actual) Indirect materials used Indirect labor used Other overhead costs View transaction list End of Period $ 52,000 21,300 35,600 $ 210,000 345,000 15,000 80,000 120,000 Exercise 19-15 (Static) 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. Check my work
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