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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

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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 o job order costing system Aprile 31 Inventories Bw materials 595,00 5 42,00 Work in process 9,50 Ilse Finished goods 56.000 33,300 Activities and information for way e materiais purchases (paid with cash) 133,00 Factory payroll (paid with cash 250,000 Factory overhead Indirect materials 10,00 Indirect labor 57,500 95, see Sales (received in casa) 1,300,000 Predetermined overhead rate based on direct labor cost 555 Other Overhead cost Compute the following amounts for the month of May using accounts 1. Cost of direct materials used 2. Cost of direct labor used 3. Cout of goods manufactured 4. Cost of goods sold" 5. Gross profit 6. Overopplied or under oplied overhead "Do not consider any underapplied or overopphed overhead RM Wort cerew Fished Gods Factory Overhead

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