saved The following information is available for Lock-Tite Company, which produces spcial-order security products and uses a Job order costing system April 30 May 31 / $ $36,000 9,700 51, e90 40,000 20, 30e 34.ee Inventories Raw materials work in process Finished goods Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead Indirect materials Indirect labor other overhead costs Sales (received in Cash) Predetermined overhead rate based on direct labor cost 170,000 2e9, eee 11,800 46,000 115, eee 1,300,000 55% Compute the following amounts for the month of May using Taccounts 1. Cost of direct materials used. 2. Cost of direct laborused 3. Cost of goods manufactured 4. Cost of goods sold 5. Gross profit 6. Overapplied or underapplied overhead "Do not consider any underapplied or overapplied overhead. Raw Materials (RM) Work in Process (WIP) Finished Goods (FG) Inventory Factory Overhead