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 Apr 1 30 Finished goods Inventor les Raw materials Work in process Activities and information for May Raw materials purchases (pald with cash) Factory payroll (paid with cash) Factory overhead Indirect materials $29,000 $ 42,000 9,800 19,000 $7,000 34.000 197,000 150,000 17,000 Indirect lebon 34,500 Print Other overhead costs 100,500 Sales (received in cash) 1,700,000 Predetermined overhead rate based on direct labor cost 55% Exercise 19-9 Journal entries for labor LO P2 1. Direct labor usage. 2. Indirect labor usage. 3. Total payroll paid in cash. Prepare journal entries for the above transactions for the month of May