Use the following information to answer questions. (Algo) [The following information applies to the questions displayed below.] 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 Raw materials Work in process Finished goods Beginning of period $ 49,000 9,300 56,000 End of Period $ 43,000 19,900 34,600 Cost incurred for the period Raw materials purchases Factory payroll $ 175,000 250,000 Factory overhead (actual) Indirect materials used Indirect labor used Other overhead costs 9,000 57,500 98,500 xercise 15-13 (Algo) Recording materials; direct and indirect LO P1, P3 Raw materials purchases for cash. Direct materials used. Indirect materials used. epare journal entries for the above transactions for the period. View transaction list Journal entry worksheet A B C Record the raw material purchases for cash. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit >