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 Activities and informat ion for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead Indirect materials $36,000 $ 51,000 9,100 18,100 68,000 33,000 174,000 250,000 17,000 57,500 Indirect labor Other overhead costs 94,500 Sales (received in cash) Predetermined overhead rate based on direct labor cost 1,000,000 55 1. Direct labor usage. 2. Indirect labor usage. 3. Total payroll paid in cash Prepare journal entries for the above transactions for the month of May 1. Incurred other overhead costs (record credit to Other Accounts). 2. Applied overhead to work in process Prepare journal entries for the above transactions for the month of May. 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