Required information Use the following information to answer questions [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 process Finished goods $43,000 52,000 21,300 35, 600 10,200 63,000 Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead 210,000 345, 000 Indirect materials Indirect labor Other overhead costs 15,000 80,000 120,000 1,400,000 708 Sales (received in cash) Predetermined overhead rate based on direct labor cost Exercise 15-9 Journal entries for labor LO P2 1. Direct labor usage. 2. Indirect labor usage. 3. Total payroll paid in cash