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 $ $39,000 9,199 54,000 38,800 18,709 33,300 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 187,00 150,000 11,000 34,500 113,000 2,000,000 55% 1. Raw materials purchases for cash. 2. Direct materials usage 3. Indirect materials usage. Prepare journal entries for the above transactions for the month of May View transaction list View journal entry worksheet No Transaction General Journal Debit Credit A 1 187,000 Raw materials inventory Cash 187,000 CD Prey 1 2 3 of 8 Next >