1 Part 1 of 4 5 points BOOK Required Information Use the following information to answer questions [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 Inventories Raw materiala $33,000 40,000 Work in process 9,200 20,000 Tinished goods 53,000 33,200 Activities and information for May Raw materiale purchases (paid with cash) 194,000 Factory payroll (paid with cash) 250,000 Pactory overhead Indirect materials 15,000 Indirect labor 57,500 Other overhead costo 109,000 Sales (received in canh) 1,900,000 Predetermined overhead rate based on direct labor cost Print References 556 Exercise 15-7 Cost flows in a job order costing system LO P1, P2, P3, P4 Check 1 1 Required information Part 1 of 4 1. Cost of direct materials used. 2. Cost of direct labor used. 3. Cost of goods manufactured. 4. Cost of goods sold. 5. Gross profit. 6. Overapplied or underapplied overhead, 5 points "Do not consider any underapplied or overapplled overhead. eBook Print Work in Procesa (WIP) References April 30 RM purchases Raw Materials (RM) 33,000 15,000 indirect materials 19,400 DM used May 31 37400 0 Finished Goods (FG) Factory Overhead Check IRIEREN It VINS 1 Required information LL May 31 37.400 Part 1 of 4 Finished Goods (FG) Factory Overhead 5 points eBook Print References Income statement (partial)