April 30 May 31 $ $ 46,000 9,100 51,000 46,000 18,700 34,900 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 195,000 150,000 6,000 34,500 114,000 1,100,000 55% 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 View journal entry worksheet No Transaction 1 Raw materials inventory General Journal Debit Credit 195,000 195,000 B 2 Work in process inventory Raw materials inventory 3 Factory overhead 6,000 6,000