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 $ $43,000 10,200 63,000 52,000 21,300 35,600 Inventories Raw materials Work in process Tinished goods Nativities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Pactory overhead Indirect materials Indirect labor Other overhead coats Sales (received in cash) Predetermined overhead rate based on direct labor coat 210,000 345,000 15,000 80,000 120,000 1,400,000 704 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 lit