4 0 Part 2 of 4 6 points 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 o April 30 May 31 Inventories Raw materiale 139,000 $ 54,000 Work in process 9,800 19,400 Pinished goods 52.000 33,300 Activities and information for May Raw materiale purchases paid with cash) 174,000 Factory payroll (paid with canh) 150,000 Factory overhead Indirect materiale 11,000 Indirect labor 34,500 Other overhead conta 115,000 Sales received in coah) 1,100,000 Predetermined overhead rate based on direct labor cost 558 Print Reference 1. Raw materials purchases for cash. 2. Direct materials usage 3. Indirect materials usage Prepare journal entries for the above transactions for the month of May. View transaction lit Mc 1. Raw materials purchases for cash. 2. Direct materials usage. 3. Indirect materials usage. Prepare journal entries for the above transactions for the month of May, View transaction list Journal entry worksheet