The following information applies to the questions displayed below. The following information is avallable for Lock-Tite Company, which produces special-order security products and uses a Job order costing system. April 30 May 31 Inventories Raw materlals 43,000 52,000 21,300 Work in process 10,200 63,000 35.600 Finished goods Activities and Information for May Raw materials purchases (pald with cash) 210,000 Factory payroll (pald with cash) 345,000 Factory overhead Indirect materials 15,000 Indirect labor 80,000 120,000 Other overhead costs Sales (recel ved in cash) 1,400,000 Predetermined overhead rate based on direct labor cost