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 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. Inventorien Beginning of period $ 27,000 End of Period $ 34,000 Raw materials Work in process Finished goods 9,500 18,600 58,000 34,500 Cont incurred for the period. Raw materials purchases Factory payroll $ 170,000 200,000 Factory overhead (actual) Indirect materials used i Indirect labor used Other overhead costs 8,000 46,000 100,000 Exercise 15-14 (Algo) Recording direct and indirect labor LO P2, P3 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. Prepare journal View transaction list Journal entry worksheet A B Record the entry for direct labor used. Note: Enter debits before credits. Transaction Record entry General Journal Clear entry 4 Debit Credit View general Journal >