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 $ $ 37,000 9,400 61,000 53,000 19,800 33,400 Inventories Raw materials Work in process Finished goods Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead Indirect materials Indirect labor Other overhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cost 180,000 250,000 18,000 57,500 105,500 1,800,000 55% 1. Raw materials purchases for cash. 2. Direct materials usage. 3. Indirect materials usage. Journal entry worksheet 1 2 2 3 Record raw material purchases for cash. Note: Enter debits before credits. General Journal Debit Credit Transaction 1 Factory overhead Factory payroll Other accounts Raw materials inventory Work in process inventory Record entry View general journal