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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,

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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 End of Period $ 35,000 $ 49,000 9,500 18,800 51,000 33, 100 Cost incurred for the period Raw materials purchases $ 193,000 Factory payroll 200,000 Factory overhead (actual) Indirect materials used 7,000 Indirect labor used 46,000 Other overhead costs 101,000 Exercise 2-15 (Algo) Recording actual and applied overhead LO P3 1. Incurred other actual overhead costs (all paid in Cash) 2. Applied overhead to work in process. Prepare journal entries for the above transactions for the period

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