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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

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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 predetermined overhead rate of 55% of direct labor cost. 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. goods manufoctured in the period. Traccount, insert amounts for beginning and ending balances alnng with direct materials tsed (from part 1 ). direct fabor used (from p 4. In the Finished Coods feventory T-account, insert amounts for beginning and ending balances along with cost of goods manufactured (from part 3). 50 ive for cost of ge under- or overapplied overhedd). 5. In the factory Overhead Teaccount, insert amounts for indirect materials used, Indirect labor used, other overhesd costs, and applied overhead, 5olve for underapplied

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