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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
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 $ 39,000 $ 36,000 10,000 20,300 52,000 33,500 Cost incurred for the period Raw materials purchases $196,000 Factory payroll 150,000 Factory overhead (actual)) Indirect materials used 10,000 Indirect labor used 34,500 Other overhead costs 114,000 Exercise 19-15 (Algo) 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. View transaction list Journal entry worksheet A B Record the entry for other actual overhead costs incurred (all paid in Cash). 9 Graded Homework ULICI UVCTICOU LESS 3 ok Exercise 19-15 (Algo) 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. View transaction list Journal entry worksheet nt rint erences c raw ill A B Record the entry for other actual overhead costs incurred (all paid in Cash). Note: Enter debits before credits. Transaction 1 General Journal Debit Credit < Prev 8 of 12 Next > MacBook Pro ences C aw Required information 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. View transaction list Journal entry worksheet < A B Record the entry to apply overhead to work in process. Note: Enter debits before credits. Transaction 2 General Journal Debit Credit Record entry Clear entry View general journal < Prev 8 of 12 Next > MacBook Pro
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