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i need some help please The following information is available for Lock-Tite Company, which produces special-order security products and uses a job order costing system.

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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 $ $49,800 9,709 58,000 42,000 18,588 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 198,000 100, eee 16,000 23,000 91,500 1,500,000 55% Compute the following amounts for the month of May using T-accounts. 1. Cost of direct materials used. 2. Cost of direct labor used. 3. Cost of goods manufactured. 4. Cost of goods sold. 5. Gross profit. 6. Overapplied or underapplied overhead. Required information Raw Materials (RM) Work in Process (WIP) Finished Goods (FG) Inventory Factory Overhead income statement partial)

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