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[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
[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 Beginning of Period $ 43,000 End of Period $ 52,000 10,200 63,000 21,300 35,600 Finished goods Cost incurred for the period 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 . 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. View transaction list questions A Record the entry for other actual overhead costs incurred (all paid in Cash). Cash). B Record the entry to apply overhead to work in process. > S < Prev 9 of 13 Next >
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