[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 $40,000 39,000 Work in process 9,000 18,400 Finished goods 62,000 34,500 Activities and information for May Raw materials purchases (paid with cash) 197,000 Factory payroll (paid with cash) 100,000 Factory overhead Indirect materials 15,000 Indirect labor Other overhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cost 23,000 90,500 1,300,000 556 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.