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The problem is in the screen shots. What goes in the blanks? Required information [The following information applies to the questions displayed below. ] The

The problem is in the screen shots. What goes in the blanks?

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Required information [The following information applies to the questions displayed below. ] 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 $31,000 $ 40,000 Work in process 9,700 20,300 Finished goods 62,000 34,100 Activities and information for May Raw materials purchases (paid with cash) 180,000 Factory payroll (paid with cash) 150,000 Factory overhead Indirect materials 17,000 Indirect labor 34,500 other overhead costs 119,000 Sales (received in cash) 1,600,000 Predetermined overhead rate based on direct labor cost 55% 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. Journal entry worksheet Record raw material purchases for cash. Note: Enter debits before credits. Record entry Clear entry View general journal Journal entry worksheet Record the entry to assign direct materials to jobs. Note: Enter debits before credits. Record entry Clear entry View general journal Journal entry worksheet Record the entry to assign indirect materials to jobs. Note: Enter debits before credits. Record entry Clear entry View general journal

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