[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 3e May 31 Inventories Raw materials $36,000 $ 57,000 Work in process 9,3ee 18,500 Finished goods 53,eee 34,100 Activities and information for May Raw materials purchases (paid with cash) 176, eee Factory payroll (paid with cash) 100,000 Factory overhead Indirect materials 11,000 Indirect labor 23, eee Other overhead costs 113,000 Sales (received in cash) 1,100,eee Predetermined overhead rate based on direct labor cost 55% Compute the following amounts for the month of May using T-accounts. 1. Cost of direct materials used. 2. Cost of direct labor used. 3. Cost of goods manufactured. 4. Cost of goods sold." 5. Gross profit. 6. Overapplied or underapplied overhead. Work in Process (WIP) April 30 Raw Materials (RM) 36,000 11,000 indirect materials 176,000 OM used RM purchases May 31 201,000 Finished Goods (FG) Inventory Factory Overhead