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 $ $38,000$ $ $41,000$

Work in process $9,70018,600$

Finished goods $60,00033,800$

Activities and information for May

Raw materials purchases $($paid with cash$)179,000$

Factory payroll $($paid with cash$)250,000$

Factory overhead

Indirect materials $17,000$

Indirect labor $57,500$

Other overhead costs $112,000$

Sales $($received in cash$)1,900,000$

Predetermined overhead rate based on direct labor cost $55\%$

Compute the following amounts for the month of May using T$-$accounts.

Cost of direct materials used.

Cost of direct labor used.

Cost of goods manufactured.

Cost of goods sold.$*$

Gross profit.

Overapplied or underapplied overhead.

$*$Do not consider any underapplied or overapplied overhead.