Prepare the following journal entries for the transactions for the month of May

*Drop down options for journals go as follow*

-accounts payable

-cash

-cost of goods sold

-factory overhead

-factory wages payable

-other accounts

-raw materials inventory

-work in progress inventory

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 Inventories Raw materials Work in process Pinished goods $46,00039,000 20,900 33,200 9,400 67,000 Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead 188,000 250,000 Indirect materials Indirect labor Other overhead costs 16,000 57,500 114,000 1,800,000 Sales (received in cash) Predetermined overhead rate based on direct labor cost 558 Record the entry for the direct labor usage General Journal Debit Credit Record the entry for indirect data usage General Journal Debit Credit Record the entry for the cash payment of total factory payroll General Journal Debit Credit