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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
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 overneed rate of 55% of direct labor cost waterials Factory Factory overhead (actual) Indirect materials use Indirect labor u End of Perio 1. In the Raw Materials Inventory T-account, insert amounts for beginning and ending balances along with purcheses and indirect materials used Solve for direct materials used in the period 2. Compute the cost of direct labor used for the period 3. In the Work in Process Inventory T-account, insert amounts for beginning and ending beiances along with direct materials used from pant direct labor used (from part 23, and applied overhead. Solve for cost of goods manufactured in the period 4. In the Finished Goods Inventory Taccount, insert amounts for beginning and ending balances along with cost of goods manufactured from part 31 Solve for cost of goods sold in the period (do not consider any under or overappled overead 5. In the Factory Overhead Taccount, insert amounts for indirect materials used, indirect labor used, other overhead costs, and appled overheed Solve for underapplied or overspplied overhead Complete this question by entering your answers in the tabs below. 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 goods manufactured in the period 4, In the Finished Goods Inventory account, insert amounts for beginning and ending balances along with cost of goods manufactured (from pert 3). Salve for cost of goods sold in the period (do not consider any under or overappled overhead) 3. In the factory Overhead T-account, insert amounts for indirect materials direct labor used, other overhead costs, and appled overhead. Solve for underappled or overald Beginning Raw Materials Inventory 17.000 head Endry 190.000 Finished Goods entry 64.00 Ending 54 000] Ending Ending Factory Overheat Deping 34.500 119.500 178,000 Required Prev Required Information [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 55% of direct labor cost Inventories Raw materials Beginning of period End of Period $31,000 $ 34,000 9,700 20,000 64,000 33,200 work in process Finished goods Cost incurred for the period Raw materials purchases Factory payroll Factory overhead (actual) Indirect materials used Indirect labor used Other overhead costs $173,000 150,000 16,000 34,500 119,500 1. In the Raw Materials Inventory T-account, 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 of direct labor used for the period. 3. In the Work in Process Inventory T-account, 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). 3. In the Factory Overhead T-account, 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 13 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
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