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 Beginning of period End of Period

Raw materials $ $40,000$ $ $39,000$

Work in process $9,10018,200$

Finished goods $55,00033,400$

Cost incurred for the period

Raw materials purchases $ $191,000$

Factory payroll $200,000$

Factory overhead $($actual$)$

Indirect materials used $12,000$

Indirect labor used $46,000$

Other overhead costs $111,000$

$1.$ 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.

$3.$ 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.

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Other overhead

Raw Materials Inventory Work in Process Inventory

Beginning $40,000$ Beginning Beginning $9,100$ Beginning

Purchases $191,000$ Direct materials Direct materials $180,000$ Cost of goods manufactured

$12,000$ Indirect materials Direct labor $154,000$

Overhead applied $84,700$

Ending $219,000$ Ending Ending $427,800$ Ending

Finished Goods Inventory Factory Overhead

Beginning $55,000$ Beginning Beginning Beginning

Cost of goods manufactured Cost of goods sold Indirect materials $12,00084,700$ Overhead applied

Indirect labor $46,000$

Ending $55,000$ Ending Other overhead $111,000$

Underapplied OH $84,300$