Required information Solve for direct mal

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 $($frc

goods manufactured in the period.

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

under$-$ or overapplied overhead$).$

In the Factory Overhead T$-$account, insert amounts for indirect materials used, indirect labor used, other overhead costs, and applied overhead. Solve for underapF

Use the following information to answer questions. $($Algo$)$

Skip to question

$[$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 $ $31,000$ $ $42,000$

Work in process $9,30019,400$

Finished goods $66,00033,600$

Cost incurred for the period

Raw materials purchases $ $197,000$

Factory payroll $250,000$

Factory overhead $($actual$)$

Indirect materials used $16,000$

Indirect labor used $57,500$

Other overhead costs $105,000$

Exercise $15-13($Algo$)$ Recording materials; direct and indirect LO P$1,$ P$3$

Raw materials purchases for cash.

Direct materials used.

Indirect materials used.

Prepare journal entries for the above transactions for the period.