Exercise 19-9 Journal entries for labor LO P2

The following information is available for Lock-Safe Company, which produces special-order security products and uses a job order cost accounting system.

	April 30		May 31
Inventories
Raw materials	$	37,000	$	53,000
Goods in process		10,300		17,500
Finished goods		58,000		38,000
Activities and information for May
Raw materials purchases (paid with cash)				190,000
Factory payroll (paid with cash)				415,000
Factory overhead
Indirect materials				13,000
Indirect labor				78,000
Other overhead costs				102,500
Sales (received in cash)				1,230,000
Predetermined overhead rate based on direct labor cost				65	%

1.	Factory payroll costs in cash.
2.	Direct labor usage.
3.	Indirect labor usage.

Prepare journal entries for the above events for the month of May.