job order costing system. April 30 May 31 $ $46,000 9,800 55,000 35,000 19,600 34,600 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 175,000 360, eee 7,000 69,000 108,000 1,468,000 55% No Transaction Debit Credit 1 1 General Journal Raw materials inventory Cash 175,000 175,000 2 2 Work in process inventory Raw materials inventory 3 3 7,000 Factory overhead Raw materials inventory 6 7,000