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 $ 32,000 $ 54,000 Work in process 9,300 20,200 Finished goods 60.000 33,200 Cost incurred for the period Raw materials purchases $ 17,000 Factory payroll 150.000 Factory overhead (actual) Indirect materials uted 7.000 Indirect labor used 34,500 Other overhead costs 101,500 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 manutactured (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 laborused, other overhead costs, and applied overhead. Solve for underapplied or overapplied overhead. Required information and 5 1. In the Raw Materials Inventory account, insert amounts for beginning and ending balances along with purchases and indirect materials used. Solve for direct materials used in th 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 laborused (from part 2), and goods manufactured in the period 4. In the finished Goods Inventory 1-account, mert amounts for beginning and ending balances along with cost of goods manufactured (from part 3). Solve for cost of goods sold in 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 overal Raw Materials inventory Work in Process inventory Beginning Beginning Beginning tegning (Ending Ending Energ Finished Goods Inventory Factory Overhead Begin Donna Begiring 7,000 34.500 101 500 [Ending Ending