The following information is available for SafeLife Company, which produces special-order security products and uses a job order cost accounting system.

April 30 May 31 Inventories

Raw materials . 27,000 41,000 Goods in process . 9,000 20,600 Finished goods . 70,000 33,000 Activities and information for May Raw materials purchases (paid with cash) . 183,000 Factory payroll (paid with cash) . 500,000 Factory overhead Indirect materials . 6,000 Indirect labor . 74,000 Other overhead costs . 95,500 Sales (received in cash) . 1,500,000 Predetermined overhead rate based on direct labor cost 55%

Compute the following amounts for the month of May.

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.