6 O Part 4 of 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 4 Doints Apr 30 May 31 5 ook $32,000 9.800 52,000 54,000 19,400 ),300 Print Inventorie Raw materii Work in process Finished good Activities and information for May Raw material purchases paid with canh) Factory payroll paid with cash Factory overhead Indirect materiale Indirect labor Other overhead coate Sales (received in cash Predetermined overhead rate based on direct labor coat 174,000 150,000 Reference 11,000 34,500 115.000 1.100.000 35 1. Incurred other overhead costs (record credit to Other Accounts) 2. Applied overhead to work in process. Prepare journal entries for the above transactions for the month of May View transaction ist Eur. Mbmghmiddleware%2 5 HW 0 Seved Help 1. Incurred other overhead costs (record credit to Other Accounts). 2. Applied overhead to work in process. Prepare journal entries for the above transactions for the month of May. View transaction list Journal entry worksheet B Record other factory overhead costs (excluding Indirect materials and indirect tabor). Record credit to Other Accounts, Notet Enter debits before credits Transaction General Journal Debit Credit 1 A Record other Factory overhead costs (excluding indirect materials and indirect labor). Record credit to Other Accounts B Record the application of overhead to work in process. Note : = journal entry has been entered