Ignored part 2, already completed, and parts 1 and 3 have been partially completed but are still incorrect/missing. Please complete 4 and 5, and if you can, fix 1 and 3. Thank you and please refer to pictures below. Complete this question by entering your answers in the tabs below.Required 1 34and 51. 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.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. Sgoods 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 notunder- or overapplied overhead).5. In the Factory Overhead T-account, insert amounts for indirect materials used, indirect labor used, other overhead costs, and applied overhead. Solve for underapplied or overapplied overhead.BeginningPurchasesEndingBeginningRequired 2Ending✓Raw Materials Inventory26,000171,000 ✓132,0007,00058,000Finished Goods Inventory0BeginningIndirect materialsEndingBeginningEnding✓BeginningDirect materialsDirect laborOverhead appliedEndingBeginning< Required 1 3 4 and 5› › ›✓Work in Process Inventory9,700✔132,000 ✓192,500✔105.875✓Required 2 >19,600Factory Overhead7,00057,500100,000164,500420,475 BeginningEndingBeginning Required information[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 joborder costing system. Overhead is applied using a predetermined overhead rate of 55% of direct labor cost.InventoriesRaw materialsWork in processFinished goodsBeginning ofperiod$ 26,0009,70069,000Cost incurred for the periodRaw materials purchasesFactory payrollFactory overhead (actual)Indirect materials usedIndirect labor used.Other overhead costsEnd ofPeriod$ 58,00019,60034,300$ 171,000250,0007,00057,500100,0001. In the Raw Materials Inventory T-account, insert amounts for beginning and ending balances along with purchases and indirectmaterials 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 goodsmanufactured (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, andapplied overhead. Solve for underapplied or overapplied overhead.

Name: Ignored part 2, already completed, and parts 1 and 3 have been partial
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: Ignored part 2, already completed, and parts 1 and 3 have been partially completed but are still incorrect/missing. Please complete 4 and 5, and if you can, fix 1 and 3. Thank you and please refer to pictures below. Complete this question by entering