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 April 30 May 31 $ $33.000 9.se 62,800 37, 19,200 35,900 150,00 Inventories Raw materials work in process Finished goods Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paad with cash) Factory overhead Indirect materials Indirect labor Other Overhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cost 15,080 3-4, 580 199.000 1,700,00 Compute the following amounts for the month of May using Taccounts. 1. Cost of direct materials used. 2. Cost of direct labor used. 3. Cost of goods manufactured 4. Cost of goods sold." 5. Gross profit. 6. Overapplied or underapplied overhead "Do not consider any underapplied or averapplied overhead Raw Materials (RM) Work in Process (WIP) April 30 RM purchases Finished Goods (FO) Inventory Factory Overhead income statement (partial)