Part 2 of 4 134 pon Sipped 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. Inventories Raterials Mork in process April 30 May 31 543,000 52,000 10,200 21,300 Finished goods 63,000 35,600 Raw materials purchases (peld with cash) Book H Activities and information for Hey 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 210,000 345,000 15,000 00,000 120,000 ,400,000 70% Print References 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 Part 2 of 4 134 points Skipped 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 Journal entry worksheet < A B C eBook Hint Print References Record raw material purchases for cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Part 2 of 4 134 points Skipped 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 Journal entry worksheet < A 8 C eBook Hint Record the entry to assign direct materials to jobs. Print Note: Enter debits before credits. Transaction 2 References General Journal Debit Credit Record entry Clear entry View general journal 4 Part 2 of 4 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. 134 points Skipped Book H Prin View transaction list Journal entry worksheet B Record the entry to assign indirect materials to jobs fiote: Enter debts before credits Transaction 3 References General Journal Debit Credit Record entry Clear entry View general journal