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 Work in Finished goods $44,000 9,400 58,000 $32,000 20,000 33,600 process Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead 174,000 200,000 Indirect materials Indirect labor Other overhead costs 8,000 46,000 97,500 1,500,000 Sales (received in cash) Predetermined overhead rate based on direct labor cost 55% 1. Raw materials purchases for cash 2. Direct materials usage 3. Indirect materials usage