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 Beginning of Period End of Period Raw materials $ 43,000 $ 52,000 Work in process 10,200 21,300 Finished goods 63,000 35,600 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 rev 05 26 2021 QC CDR 376 Exercise 19 12 (Static) Computing materials, labor, overhead, and cost of goods manufactured LO P1, P2, P3, P4 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) 5 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 2 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 Beginning of Period End of Period Raw materials $ 43,000 $ 52,000 Work in process 10,200 21,300 Finished goods 63,000 35,600 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 rev 05 26 2021 QC CDR 376 Exercise 19 13 (Static) 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 3 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 Beginning of Period End of Period Raw materials $ 43,000 $ 52,000 Work in process 10,200 21,300 Finished goods 63,000 35,600 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 rev 05 26 2021 QC CDR 376 Exercise 19 14 (Static) Recording direct and indirect labor LO P2, P3 1 Direct labor used (recorded as factory wages payable) 2 Indirect labor used (recorded as factory wages payable) Prepare journal entries for the above transactions for the period 4 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 Beginning of Period End of Period Raw materials $ 43,000 $ 52,000 Work in process 10,200 21,300 Finished goods 63,000 35,600 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 rev 05 26 2021 QC CDR 376 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

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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 70% of direct labor cost.

Inventories	Beginning of Period	End of Period
Raw materials	$ 43,000	$ 52,000
Work in process	10,200	21,300
Finished goods	63,000	35,600

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

rev: 05_26_2021_QC_CDR-376

Exercise 19-12 (Static) Computing materials, labor, overhead, and cost of goods manufactured LO P1, P2, P3, P4

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). 5. 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.

2. 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	Beginning of Period	End of Period
Raw materials	$ 43,000	$ 52,000
Work in process	10,200	21,300
Finished goods	63,000	35,600

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

rev: 05_26_2021_QC_CDR-376

Exercise 19-13 (Static) 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.

Inventories	Beginning of Period	End of Period
Raw materials	$ 43,000	$ 52,000
Work in process	10,200	21,300
Finished goods	63,000	35,600

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

rev: 05_26_2021_QC_CDR-376

Exercise 19-14 (Static) Recording direct and indirect labor LO P2, P3

1. Direct labor used (recorded as factory wages payable). 2. Indirect labor used (recorded as factory wages payable). Prepare journal entries for the above transactions for the period.

Inventories	Beginning of Period	End of Period
Raw materials	$ 43,000	$ 52,000
Work in process	10,200	21,300
Finished goods	63,000	35,600

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

rev: 05_26_2021_QC_CDR-376

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.