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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 $ 45,000 9, 100 54,000 End of Period $ 55,000 18,600 34,700 Cost incurred for the period Raw materials purchases $ 190,000 Factory payroll 150,000 Factory overhead (actual) Indirect materials used 18,000 Indirect labor used 34,500 Other overhead costs 91,500 Exercise 19-13 (Algo) Recording materials; direct and indirect LO P1, P3 1. Raw materials purchases for cash. 2. Direct materials used. 3. Indirect materials used. Prepare journal entries for the above transactions for the period