1st question (3 parts)

2nd question (3 parts)

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 pro job order costing system. April 30 May 31 $ $43,000 9,700 69,000 52,000 20,300 33,400 Inventories Raw materials Work in process Finished goods Activities and information for May Raw materials purchases (paid with 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 183,000 150,000 15,000 34,500 100,000 2,000,000 55% 1. Raw materials purchases for cash. 2. Direct materials usage. 3. Indirect materials usage. 2 3 Record raw material purchases for cash. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal Required information Journal entry worksheet 2 3 Record the entry to assign direct materials to jobs. Note: Enter debits before credits Transaction General Journal Debit Credit 2 ces Record entry Clear entry View general journal N 3 Record the entry for indirect labor usage. Note: Enter debits before credits. K Transaction General Journal Debit Credit 2 nces Record entry Clear entry View general journal Required information 2 CS CARRARA Record the entry for the cash payment of total factory payroll. Note: Enter debits before credits. Transaction General Journal Debit Credit 3 Record entry Clear entry View general journal Required information 1 2 3 of 3 Record the entry for direct labor usage. Note: Enter debits before credits Transaction General Journal 1 Debit Credit Rasaalai Clear entry View general journal