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 Finished goods Raw materials purchases (paid with cash) Indirect labor Inventories Raw materials Work in process Activities and information for May Factory payroll (paid with cash) Factory overhead Indirect materials Other overhead costs. Sales (received in cash) Predetermined overhead rate based on direct labor cost $49,000 $ 59,000 9,700 19,100 60,000 34,400 197,000 150,000 15,000 34,500 93,500 1,600,000 55% 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.