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13 Part 3 of 4 134 Don Required information. [The following information applies to the questions displayed below] The following information is available for Lock-Tite

13 Part 3 of 4 134 Don 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 3 Skipped Inventories Raw materials Work in process $43,000 $ 52,000 10,200 21,300 Finished goods 63,000 35,600 Raw materials purchases (paid with cash) eBook Factory overhead Indirect labor H Activities and information for May Factory payroll (paid with cash) Indirect materials Other overhead costs Sales (received in cash) Predetermined overhead rate baded on direct labor cost 210,000 345,000 15,000 50,000 120,000 1,400,000 70% Pri References 1. Direct labor usage 2. Indirect labor usage. 3. Total payroll paid in cash 1,34 points Skipped eBook Hint Print References Prepare journal entries for the above transactions for the month of May. View transaction list Journal entry worksheet < A B C Record the entry for direct labor usage. Note: Enter debits before credits. Transaction General Journal Debit Credit View general journal Record entry Clear entry 13 Part 3 of 4 134 points Skipped 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 eBook Hint Prim References Journal entry worksheet A C Record the entry for indirect labor usage. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Part 3 of 4 134 points Skipped 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 eBook < A B C Hint Print References Record the entry for the cash payment of total factory payroll. Note: Enter debits before credits. Transaction 3 General Journal Debit Credit Record entry Clear entry View general journal

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