[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 $ 34,000 $ 38,000 Work in process 9,000 20,400 Finished goods 51,000 33,000 Activities and information for May Raw materials purchases (paid with cash) 173,000 Factory payroll (paid with cash) 250,000 Factory overhead Indirect materials 12.000 Indirect labor 57,500 Other overhead costs 91,800 Sales (received in cash) 1,000,000 Predetermined overhead rate based on direct labor cost 55% B Record other factory overhead costs (excluding indirect materials and indirect labor). Record credit to Other Accounts. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal Record the application of overhead to work in process. Note: Enter debits before credits. General Journal Debit Credit Transaction 2 Record entry Clear entry View general journal