4 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 30 May 31 Inventories Raw materials $32,000 $ 40,000 Work in process 9,100 20,200 Finished goods 52,000 33,000 21 Activities and information for May Raw materials purchases (paid with cash) 175,000 Factory payroll (paid with cash) 100,000 Factory overhead Indirect materials Indirect labor Other overhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cost 13,000 23,000 103,000 1,500,000 55% 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.