D Questioln1 -Ch 19: Homework - X https://ezto.mheducation.com/ext/map/index.htmi?_con=conBtexternaLbrowser:08tiaunchUr|=https%253A%252F%252F|ms.mheducatio... A\" {a ' . 1-. AA,A 1' work - GRADED o . am Help Save 1 f v o [T he foliowmg 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 i order costing system. Overhead is applied using a predetermined overhead rate of 55% of direct labor cost. 'o Beginning of Inventories period End of Period Raw materials 5 43,666 3 31,666 Work in process 9,166 18,966 Finished goods 57,666 34,566 Cost incurred for the period Raw materials purchases $ 184,666 Factory payroll 256,666 Factory overhead (actual) Indirect materials used 11,666 Indirect labor used 57,569 Other overhead costs 116,606 Exercise 19-12 (Algo) Computing materials, labor, overhead, and cost of goods manufactured to P1, P2, P3, P4 1. In the Raw Materials inventory Taccount, 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 ofdirect 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 Taccount, insert amounts for indirect materials used, indirect labor used, other overhead costs, and applied overhead. Solve for underapplied or overappiied overhead. ' 87F Mostlycioudy A Q! E1 Er