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The following information is available for ADT Company, which produces specialorder security products and uses a job order costing system. Overhead is applied using a predetermined overhead rate of of direct labor cost.
Inventories Beginning of Period End of Period
Raw materials $ $
Work in process
Finished goods
Cost incurred for the period
Raw materials purchases $
Factory payroll
Factory overhead actual
Indirect materials used
Indirect labor used
Other overhead costs
Incurred other actual overhead costs all paid in Cash
Applied overhead to work in process.
Prepare journal entries for the above transactions for the period.