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 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
Exercise Algo Recording materials; direct and indirect LO P P
Raw materials purchases for cash.
Direct materials used.
Indirect materials used.
Prepare journal entries for the above transactions for the period.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 specialorder security
products and uses a job order costing system. Overhead is applied using a predetermined overhead
rate of of direct labor cost.
Exercise Algo Recording materials; direct and indirect LO P P
Raw materials purchases for cash.
Direct materials used.
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.