The following information applies to the questions displayed below) The following information is available for LockTite Company, which produces special-order security products and uses a job order costing system. April 30 May 31 Inventories 32,000 31,000 9,900 20,300 62,000 34100 Raw materials Work in process Finished goods Activities and information for May Raw materials purchases (paid with cash) 192,000 Factory payroll (paid with cash) 320,000 Factory overhead Indirect materials 13,000 60,000 Indirect labor other overhead costs 113,000 Sales (received in cash) 1,500,000 55% Predetermined overhead rate based on direct labor cost