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. Inventories Raw materials Work in process $44,00055,000 18,700 9,800 4,000 rinisbed goods 34,000 Activities and information for May Raw materials purchases (paid with eash) Factory payroll (paid with eash) Factory overhead 197,000 200,000 12,000 46,000 Indirect labor 1,200,000 Sales (received in cash) Predetermined overhead rate based on direct labor eost 1. Direct labor usage 2. Indirect labor usage 3. Total payroll paid in cash Prev 45of 39 Next man commandoption