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 Inventories Raw materials $ 26,000 $ 51,000 Work in process 9,200 20,200 Finished goods 65,000 34,800 Activities and information for May Raw materials purchases (paid with cash) 196,000 Factory payroll (paid with cash) 250,000 Factory overhead Indirect materials 13,000 Indirect labor 57,500 Other overhead costs 102,500 Sales (received in cash) 1,600,000 Predetermined overhead rate based on direct labor cost 55% 1. Raw materials purchases for cash 2. Direct materials usage 3. Indirect materials usage Required information Journal entry worksheet B > Record raw material purchases for cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal SU Journal entry worksheet Record the entry to assign direct materials to jobs. Note: Enter debits before credits. General Journal Transaction 2 Debit Credit Record entry Clear entry View general journal Go Record the entry to assign indirect materials to jobs. Note: Enter debits before credits. Transaction 3 General Journal Debit Credit Record entry Clear entry View general journal