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 36e May 31 Inventories Raw materials Work in process Finished goods $45,000 9,800 53,000 55,000 20,700 34,500 Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead 179,000 200,000 Indirect materials Indirect labor Other overhead costs 12,000 46,000 117,500 1,200,000 Sales (received in cash) Predetermined overhead rate based on direct labor cost 55% xercise 19-9 Journal entries for labor LO P2 . Direct labor usage . Indirect labor usage . Total payroll paid in cash