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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 Beginning of period End of Period
Raw materials $ 39,000 $ 44,000
Work in process 10,000 19,100
Finished goods 53,000 34,800
Cost incurred for the period
Raw materials purchases $ 195,000
Factory payroll 250,000
Factory overhead (actual)
Indirect materials used 11,000
Indirect labor used 57,500
Other overhead costs 95,000

1. Raw materials purchases for cash. 2. Direct materials used. 3. Indirect materials used. 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.

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