Required information [The following information applies to the questions displayed belowj 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 Work in process Finished goods 2,000 44,000 19,500 34,000 $4 9,900 56,000 Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead 182,000 250,000 Indirect materials Indirect labor Other overhead costs 13,000 57,500 94,000 1,500,000 Sales (received in cash) Predetermined overhead rate based on direct labor cost 55% Journal entry worksheet 2 Record raw material purchases for cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Prev 3 4 5 of1Ne Required information Journal entry worksheet 2 Record the entry to assign indirect materials to jobs Note: Enter debits before credits. Transaction General Journal Debit Credit