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Exercise 2-5 The following information is available for SafeLife Company, which produces special-order security products and uses a job order cost accounting system. Compute the

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Exercise 2-5 The following information is available for SafeLife Company, which produces special-order security products and uses a job order cost accounting system. Compute the following amounts for the month of May. 1. Cost of direct materials used. 4. Cost of goods sold.* 2. Cost of direct labor used. 5. Gross profit. 3. Cost of goods manufactured. 6. Overapplied or underapplied overhead. "Do not consider any underapplied or overapplied overhead

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