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! $ Required information The following information applies to the questions displayed below) The following information is available for Lock-Tite Company, which produces special order

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! $ 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 30 May 31 Inventorten Raw natale 146.000 52.000 Work in process 9.000 19,200 Find a good 51,000 36.200 Motivities and internation for May Raw materials ponehases paid with can 196.000 Factory payroll paid with cash 200.000 Factory Overhead notariala 1.000 Todirect inho 46,000 De overhead costs 9.500 ale received in canl) 1.000.000 retenined ovechend rate and on direct labore 359 30 Tedirect 1, incurred other overhead costs record credit to Other Accounts 2. Applied overhead to work in process Prepare journal entries for the above transactions for the month of May, View trans Journal entry worksheet > Record other factory overhead costs (excluding indirect materials and indirect labor). Record credit to Other Accounts

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