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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

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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 $ $43, eee 10,200 63,889 52,000 21,309 3 5,600 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 210,000 345,000 15,00 80,eee 120.de 1,400,000 Determine whether there is over or underapplied overhead. Factory Overhead Actual overhead Other overhead costs Underapplied overhead

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