[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 21 $ $ 29,000 9,100 62,00 47.000 18,900 33,100 198,00 150,000 Inventories Raw materials Work in process Finished goods Activities and information for May itaw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead Indirect suterials Indirect labor Other overhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cost 13,000 34,500 100,000 1.100.000 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 "Do not consider any underapplied or overapplied overhead Aprt 30 OOOOO Sales May 31 0 Todos Apr 30 Cast of goods manut Mayat Answer is not complete. Income statement to of 9 Next > Required information Journal entry worksheet