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 Finished goods Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead Indirect materials Indirect labor Other overhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cost 210,000 345,000 15,000 80,000 120,000 1,400,000 708 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 list Journal entry worksheet Record the entry for direct labor usage. Note: Enter debits before credits. Debit Credit Transaction General Journal 1 Work in process inventory Factory wages payable Record entry Clear entry View general Journal View transaction list Journal entry worksheet A B Record the entry for indirect labor usage. Note: Enter debits before credits Debit Transaction 2 Credit General Journal Factory overhead Factory wages payable Record entry Clear entry View general Journal Required information Journal entry worksheet