-elses Sarved Help O 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 $33,000 9,900 67,000 30,000 19,900 34,000 Inventories Raw materiala Work in proces Tinished goods Activities and Information for May Raw materials purchases (paid with cash) Factory payroll (paid with canh) Tactory overhead Indirect materiale Indirect labor Other overhead coats Sales (received in cash) Predetermined overhead rate based on direct labor coat 196,000 150,000 0,000 34,500 112.500 1.100.000 556 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