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 $ $49,000 9,800 65,000 53,000 18,500 34,100 Inventories Raw materials Work in process Finished goods Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead Indirect materials Indirect labor Other overhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cost 172,080 250,000 15,000 57,509 94,000 1,200,000 55% 1. Direct labor usage. 2. Indirect labor usage. 3. Total payroll paid in cash. Prepare journal entnes for the above transactions for the month of May. View transaction list Journal entry worksheet B C Record the entry for direct labor usage. Note Enter debits before credits Transaction General Journal Debit Credit