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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

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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. Inventories Raw materials Work in process Finished goods Beginning of period End of Period $ 37,000 $ 40,000 9,600 18,800 53,000 34,300 Cost Incurred for the period Raw materials purchases $ 195,000 Factory payroll 250,000 Factory overhead (actual) Indirect materials used 16,000 Indirect labor used 57.500 Other overhead costs 112,500 Exercise 19-13 (Algo) 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 Prepare journal entries for the above transactions for the period. View transaction list Journal entry worksheet Record the Indirect materials used. Note: Enter debits before credits. Transaction General Journal Debit Credit 3 Record entry Clear entry View general journal

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