II. Cost flows in a job order cost system The following information is available for Lock-Down Company, which produces special-order security products and uses a job order cost accounting system. April 30 May 31 Inventories Raw materials $40,000 $50,000 Goods in process.. 9,600 19,500 Finished goods.. 60,000 33,200 Activities and information for May Raw materials purchases (paid with cash) 189,000 Factory payroll (paid with cash).. 400,000 Factory overhead Indirect materials... 12,000 Indirect labor.. 75,000 Other overhead costs 100,500 Sales (received in cash). 1,200,000 Predetermined overhead rate based on direct labor cost 65% Do not consider any underapplied or overapplied overhead. Journal Entries for Materials, Labor, and Overhead Use information to prepare journal entries for the following events for the month of May. 1. Direct materials usage and Indirect materials usage