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 Beginning of period End of Period Raw materials $ 28,000 $ 38,000 Work in process 9,300 19,500 Finished goods 57,000 35,000 Cost incurred for the period Raw materials purchases $ 197,000 Factory payroll 250, eee Factory overhead (actual) Indirect materials used 14,000 Indirect labor used 57,500 Other overhead costs 9 , Exercise 19-15 (Algo) Recording actual and applied overhead LO P3 Inventories Beginning of End of Period period Raw materials $ 28,000 $ 38, eee Work in process 9,300 19,500 Finished goods 57,000 35 , Cost incurred for the period Raw materials purchases $ 197,000 Factory payroll 250,000 Factory overhead (actual) Indirect materials used 14,000 Indirect labor used 57,500 other overhead costs 9 , . Exercise 19-15 (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 Required information 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 $ 28,000 $3 , 9,300 19,500 57, 35,000 Cost incurred for the period Raw materials purchases $ 197,eee Factory payroll 250, eee Factory overhead (actual) Indirect materials used 14,000 Indirect labor used 57,5ee Other overhead costs 90,000