The following information is available for Lock-Tite Company, which produces special order security products and uses a job order costing system $49.00 $ 49, Raw materials Work in process 175.000 150,00 Activities and information for May Raw materials purchases (paid with ca Factory payroll (paid with cash) Factory Overhead Indirect materials Indirect labor 34.59 1,100,000 Sales (received in cash) Predetermined overhead rat based on direct labor cost Compute the following amounts for the month of May using T-accounts. 1. Cost of direct materials used 2. Cost of direct labor used. 3. Cost of goods manufactured 4. Cost of goods sold." 5. Gross profil e to search acer Prisc S Badespace I $49,00 $ 49,000 21. 33,00 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 175, eee 150,00 12.ee 34.5ee 1. Sales (received in cash) Predetermined overhead rat s ed on direct labor cost Compute the following amounts for the month of May using T-accounts. 1. Cost of direct materials used 2. Cost of direct labor used 3. Cost of goods manufactured. 4. Cost of goods sold." 5. Gross profit 6. Overapplied or underapplied overhead. "Do not consider any underapplied or overapplied overhead. to search acer Syno RT Y U LT F KUUD