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 Work in process Finished goods $43,000$ 52,000 21300 63,000 35,600 10,200 Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead 210,000 345,000 Indirect materials Indirect labor Other overhead costs 5,000 80,000 20,000 1.400,000 Sales (received in cash) Predetemined overhead rate based on direct labor cost 70%