The following information is available for Lock-Tite Company, which produces special-order security products and uses a job order cost accounting system. April 30 $43,000 10,200 May 31 $52,000 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 21,300 35,600 63,000 210,000 345,000 15,000 80,000 120,000 1,400,000 Indirect labor Other overhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cost 70% 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