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 $ $44.000 9.800 51.000 Inventories Raw materials Mork in process Pinished goods Activities and Information for May Raw materials purchases (paid with canh) Factory payroll (paid with cash Tactory overhead Indirect materials Indirect labor Other overhead coat Sales received in cash) predetermined overhead rate based on direct labor cost May 1 52.000 19,200 34,200 196,000 200,000 17,000 45,000 99.500 1.800.000 551 1. Raw materials purchases for cash 2. Direct materials usage. 3. Indirect materials usage Prepare journal entries for the above transactions for the month of May. View transactions Journal entry worksheet > Record raw material purchases for cash