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0 Required information The following information applies to the questions displayed below) The following information is available for Lock Tite Company, which produces special-order security

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0 Required information The following information applies to the questions displayed below) The following information is available for Lock Tite Company, which produces special-order security products and uses a Job order costing system April 30 May 31 $ $28, cee 9.900 68,000 46,000 20,700 33,100 Inventories Raw materials Work in process Finished goods Activities and Information for May Raw materials purchases (paid wdth cash) Factory payroll (paid with cash) Factory overhead Indirect materials Indirect labor Other overhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cost 171.000 250.000 16,000 57,50 109,500 2,400,000 55% 1. Direct labor usage. 2. Indirect labor usage 3. Total payroll paid in cash 1. Direct labor usage. 2. Indirect labor usage. 3. Total payroll paid in cash Prepare journal entries for the above transactions for the month of May View transaction list Journal entry worksheet

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