hs 18 & 19 Save 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. May 31 April 3e $27, cee 9, 100 58,eee $ 40,eee 20,9ee 34,80 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 174,000 1ee, eee 9,000 23,000 116,500 1,200,eee 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 varLeheet Het matenals usage. Prepare journal entries for the above transactions for the month of May. Part 2 of 4 View transaction list 8 01:40:10 Journal entry worksheet