15 points eBook H 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. Inventories References Mc April 30 May 31 Rav materiale $34,000 46,000 Work in process 9,400 18,200 Finished goods 66,000 35,000 Activities and information for Hay Rav naterials purchases (paid with cash) Factory payroll (paid with cash) 175,000 300,000 Factory overhead Indirect materials. Indirect labor Other overhead costs Bales (received in cash) Predetermined overhead rate based on direct labor coat 17,000 69,000 112,500 1,100,000 55%