{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-21T18:02:16-04:00", "answer_date": "2024-05-21 18:02:16", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1466181", "url": "\/study-help\/questions\/the-following-information-is-available-for-adt-compar-order-costing-1466181", "question_creation_date_js": "2024-05-21T18:02:16-04:00", "question_creation_date": "May 21, 2024 06:02 PM", "meta_title": "[Solved] The following information is available fo | SolutionInn", "meta_description": "Answer of - The following information is available for ADT Compar order costing system. Overhead is applied using a pre Inventorie | SolutionInn", "meta_keywords": "information,adt,compar,order,costing,system,overhead,applied,pre,inventories,raw,materials", "question_title_h1": " The following information is available for ADT Compar order costing system. Overhead is applied using a pre Inventories Raw materials Work in process Finished", "question_title": " The following information is available for ADT Compar order costing system.", "question_title_for_js_snippet": "The following information is available for ADT Compar order costing system Overhead is applied using a pre Inventories Raw materials Work in process Finished goods Beginning of period $ 34,000 End of Period $ 36,000 9,700 66,000 19,100 33,900 Cost incurred for the period Raw materials purchases Factory payroll Factory overhead (actual) Indirect materials used Indirect labor used Other overhead costs $ 194,000 300,000 15,000 69,000 103,500 rice 2 12 (All Commuting matarials lahar mundigCIFICE SUITE VI LOVE Required information Complete this question by entering your answers in the tabs below Required 1 3 4 and 5 Required 2 Compute the cost of direct labor used for the period The cost of direct labor for the period Cost of direct labor used Required 134 and 5 Required 2 Check my work Required information Paventory account wert amounts for uegnung an uning onances any win purchases and met mavera used Solve for i 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 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 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 Beginning Raw Materials Inventory Beginning Beginning Work in Process Inventory Ending Ending Ending Finished Goods Inventory Factory Overhead Beginning Beginning Beginning 15,000 69 000 Ending Ending 103,500 8 Exercise 2 12 (Algo) 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 Complete this question by entering your answers in the tabs below Required 134 and 5 Required 2", "question_description": "\"image\"image\"image\"image", "transcribed_text": "The following information is available for ADT Compar order costing system. Overhead is applied using a pre Inventories Raw materials Work in process Finished goods Beginning of period $ 34,000 End of Period $ 36,000 9,700 66,000 19,100 33,900 Cost incurred for the period Raw materials purchases Factory payroll Factory overhead (actual) Indirect materials used Indirect labor used Other overhead costs $ 194,000 300,000 15,000 69,000 103,500 rice 2-12 (All Commuting matarials lahar mundigCIFICE SUITE VI LOVE Required information Complete this question by entering your answers in the tabs below. Required 1 3 4 and 5 Required 2 Compute the cost of direct labor used for the period. The cost of direct labor for the period Cost of direct labor used < Required 134 and 5 Required 2 > Check my work Required information Paventory account wert amounts for uegnung an uning onances any win purchases and met mavera used. Solve for i 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 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 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 Beginning Raw Materials Inventory Beginning Beginning Work in Process Inventory Ending Ending Ending Finished Goods Inventory Factory Overhead Beginning Beginning Beginning 15,000 69.000 Ending Ending 103,500 8 Exercise 2-12 (Algo) 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 Complete this question by entering your answers in the tabs below. Required 134 and 5 Required 2", "related_book": { "title": "Fundamentals Of Financial Management", "isbn": "0357517571, 978-0357517574", "edition": "16th Edition", "authors": "Eugene F. Brigham, Joel F. Houston", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/625d0caf514b4_10212.jpg", "uri": "\/textbooks\/fundamentals-of-financial-management-16th-edition-9780357517574", "see_more_uri": "" }, "free_related_book": { "isbn": "1914207459", "uri": "\/textbooks\/freight-broker-and-trucking-business-startup-how-to-start-grow-and-run-your-own-freight-brokerage-and-trucking-company-in-30-days-1st-edition-978-1914207457-229854", "name": "Freight Broker And Trucking Business Startup How To Start Grow And Run Your Own Freight Brokerage And Trucking Company In 30 Days", "edition": "1st Edition" }, "question_posted": "2024-05-21 18:02:16", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/the-summary-of-financial-statements-for-division-a-is-given-297127", "description": "The summary of financial statements for division A is given below. 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