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 job order costing system. April 30 May 31 $ $47,000 9, 100 58,000 50,000 20,000 33,700 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 179,000 150,000 16,000 34,500 99,000 1,700,000 55% 1. Direct labor usage. 2. Indirect labor usage. 3. Total payroll paid in cash. Prepare journal entries for the above transactions for the month of May. View transaction list northern Required information Prepare journal entries for the above transactions for the month of May. View transaction list Journal entry worksheet apter 15 Homework Saved RAFT Required information Prepare journal entries for the above transactions for the month of May, View transaction list Journal entry worksheet