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 $ $34,000 9,200 61,000 57,000 20,600 33,200 193,000 100,000 Inventories Raw materials Work in process Finished goods Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with canh) Factory overhead Indirect materiala Indirect labor Other overhead costs Sales (received in cash Predetermined overhead rate based on direct labor cont 17,000 23,000 109,500 1/400,000 553 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. 5. Overapplied or underapplied overhead, "Do not consider any underapplied or overapplied overhead. April 30 Raw Materials (RM) 34,000 17,000 Indirect materials 193,000 153,000 TOM used Work in Process (WIP) 9,200 153.000 Cost of goods manul RM purchases April 30 DM used OL used Overhead applied May 31 May 31 57,000 162.200 Finished Goods (FG) inventory 61.000 Cost of goods sold Factory Overhead 17,000 April 30 Overhead applied Cost of goods manut Indirect materials Indirect labor Other overhoud costs 23,000 109,500 May 31 61,000 Underapplied OH 149,500 Income statement partia Sales Cost of goods sold Gross prolit $ 0