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 Art 30 $17.000 9,10 67.000 47.000 18.900 Inventories Raw materials Work in process Fischer Activities and Information for ay Raw materials purchases (pall with cash Factory mayroll (paid with cash Factory overhead Indirect materials Indirect labor other overhead costs Sales received in cash Predetermined overhead rate hesed on direct labor cost 192.000 700.000 11.00 4.000 111.500 1.600.000 5 Compute the following amounts for the month of May ining Traccounts 1. Cost of detect materials used 2 Cost of direct labor used 3. Cost of goods manufactured 4. Cost of goods sold 5. Gross profit 6. Overapplied or underapplied overhead "Do not consider any underapplied or overapplied overhead. Do not consider any underapplied or over applied overhead April 30 RM purchases Raw Materials (RM) 37 000 13.000 indirect material 192.000 180,700 OM used Answer is not complete. Work in Process April 10 9.500 OM used Dwed Overhead applied May 31 9.100 OOOO Cost of goods unut 35 300 Finished Goods ) 57 000 April 30 Cost of goods Imanul Overhead applied Indeed materials Indirect labor Other overhead co Factory Od 13 000 66.000 OOO Cost of good old 111 500 May 31 o 57,000 Underapped OH 170.500 3 Answer is not complete thicone ellamaa arial) Sales $ 150 000 Cost of goods sold Gossprofil $ 1.600.000 000