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(Solved): 15-13 Recording materials; direct and indirect LO P1 Required information Use the following informat ...
15-13 Recording materials; direct and indirect LO P1
Required information Use the following information to answer questions. (Algo) [The following information applles 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. Exercise 15?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. Journal entry worksheet Alecord the raw materisl purchases for cash.
3. Indirect materials used. Prepare journal entries for the above transactions for the period. Journal entry worksheet Record the raw material purchases for cash. Note: Enter debits before credits;
Prepare journal entries for the above transactions for the period. Journal entry worksheet Note: Enter debits before credits.
Journal entry worksheet Record the indirect materials used. Note: Enter debits before credits.