(Solved): The following information is available for ADT Company, which produces special-order security produ ...

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 15-12 (Algo) Computing makerials, labor, overhead, and cost of goods manufactured LO P1, P2, \( P 3, P 4 \) 1. In the Raw Materials inventory T-account, 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 of direct 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 T-account, insert amounts for indirect materials used, indirect labor used, other overhead costs, and In the Factory Overhead T-account, insert amounts for indirect materials used, indirect labor used, other overhead costs, and ipplied overhead. Solve for underapplied or overapplied overhead. Complete this question by entering your answers in the tabs below. 1. In the Raw Materials inventory T-account, insert amounts for beginning and ending balances along with puirchases and indirect materials used. Salve for direct mater 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 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 under or overapplied overtead). 5. In the Factory Overhead T-account, insert amounts for indirect materials used, indirect labor used, other overhesd costs, and applied overtiead, Solve for underapplie Regulred 2 ? Compute the cost of direct labor used for the period. 1. Raw materials purchases for cash. 2. Direct materials used. 3. Indirect materials used. Prepare journal entries for the above transactions for the period. 1. Direct labor used (recorded as factory wages payable). 2. Indirect labor used (recorded as factory wages payable). Prepare journal entries for the above transactions for the period. Journal entry worksheet 1. Incurred other actual overhead cost? (all paid in Cash). 2. Applied overhead to work in process. Prepare journal entries for the above transactions for the period. Journal entry worksheet Record the entry for other actual overhead costs incurred (all paid in Cash). Note: Enter debits before credits.