The folowing information The following information applies to the questions displayed below.J 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 $26,000 S 33,000 9,200 19,200 50,000 33,300 Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead 184,000 320,000 11,000 62,000 108,500 1,500,000 Indirect materials ndirect labor Other overhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cost 55%