2 Normal No Spa Heading 1 Heading 2 Heading Set Dictate Font Paragraph Styles 5 Editing Voice Sensitivity 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 S $31,000 9,500 63,000 36,000 20,900 33,500 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 186,000 250,000 12,000 57,500 100, 500 1,200,000 558 1. 2. Incurred other overhead costs (record credit to Other Accounts). Applied overhead to work in process 1005 of 1 115 words K Type here to search + 6:43 PM 3/9/20203 ET 1/ // | 6 | 7 | 8 | 9 |