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 $36,000 $ 35,000 Work in process 9,8ee 19,500 Finished goods 67 , Activities and information for May 33,400 Raw materials purchases (paid with cash) 171, eee Factory payroll (paid with cash) 2ee, eee Factory overhead Indirect materials 13,000 Indirect labor 46,eee Other overhead costs 115,500 Sales (received in cash) 1,908, eee Predetermined overhead rate based on direct labor cost 55% April 30 RM purchases Raw Materials (RM) 36,000 13,000 indirect materials 171,000 OM used Work in Process (WIP) 9.800 Cost of goods manul April 30 OM used DL used Overhead applied May 31 ay 31 194,000 9.800 Finished Goods (FG) Inventory 67.000 Cost of goods sold April 30 Cost of goods manut Indirect materials Factory Overhead 13,000 40,000 Overhead applied Indirect labor Other overhead costs 115.500 Day 31 07.000 Underapplied CH 174,500 Income statement (partial) Sales Cost of goods sold Gross profit $ 0