The following information is available for ADT Company, which produces special-order security products and uses...
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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 Inventories Beginning End of of period Period Raw materials $ 45, 000 $ 43, 000 Work in process 9 , 800 19, 700 Finished goods 64, 000 34, 600 Cost incurred for the period w materials purchases $ 188, 000 Factory payroll 250, 000 Factory overhead (actual) Indirect materials used 13, 000 Indirect labor used 57,500 Other overhead costs 103,50 aw materials purchases for cash. Direct materials used. ndirect materials used. pare 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 General Journal Debit Credit\f
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