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 May 11 $18.000 9,90 63.000 Inventories Materials Work in process Finished goods Activities and Information for May materials purchases (paid with cash) Factory payroll (pala with cash) Factory overtad Indirect materials Indirect labor Other overhead costs Sales (received in cash) Preden overheirate based on direct labor cost 5 39.000 20,100 34.60 109,00 100,000 15,000 23.00 94.000 1.500.000 Exercise 19-8 Journal entries for materials LO P1 1. Raw materials purchases for cash 2. Direct materials usage 2. Indirect materials usage y Prepare journal entries for the above transactions for the month of May. View transaction at Journal entry worksheet Record raw material purchases for cash. tenter det berec Transaction General Journal Debut Credit 1 Record entry Clearby View