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 Inventories Raw materials $28,000 $ 36,000 Work in process 10,000 20,900 Finished goods 60,000 34,200 Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead- Indirect materials 180,000 150,000 9,000 Indirect labor Other overhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cost 34,500 111,500 1,800,000 55% 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. 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 transaction list Journal entry worksheet < A B C Record raw material purchases for cash.. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit View general journal Clear entry View transaction list Journal entry worksheet < A B C Record the entry to assign direct materials to jobs. Note: Enter debits before credits. Transaction 2 General Journal Debit Credit View general journal Record entry Clear entry View transaction list Journal entry worksheet < A B C Record the entry to assign indirect materials to jobs.. Note: Enter debits before credits. Transaction 3 General Journal Debit Credit View general journal Record entry Clear entry