Use the following information to answer questions 7-11

***Questions 15-7, 15-8, 15-9, 15-10, 15-11 are the questions, 7-11***

The following information is available for Lock-Tite Company, which produces special-order security products and uses a job order costing system.

7. Exercise 15-7 Cost flows in a job order costing system LO P1, P2, P3, P4

Compute the following amounts for the month of May using T-accounts.

- Cost of direct material used.

- Cost of direct labor used.

- Cost of goods manufactured.

- Cost of goods sold.

- Gross Product.

- Overapplied or underapplied or overapplied overhead.

8. Exercise 15-8 Journal entries for labor LO P1

- Raw materials purchases for cash.

- Direct material usage.

- Indirect material usage.

Prepare journal entries for the above transaction for the month of May.

9. Exercise 15-9 Journal entries for labor LO P2

10. Exercise 15-10 Journal entries for labor LO P3

11. Exercise 15-11 Adjusting factory overhead LO P4

I need help answering and making sure all of these are right.

Use the following information to answer questions 7-11 [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 43.000 52.000 Raw materials Work in process 0.200 21,300 Finished goods 63.000 35.600 Activities and information for May Raw materials purchases (paid with cash) 210,000 Factory payroll (paid with cash) 345.000 Factory overhead ndirect materials 5.000 ndirect labor 80,000 Other overhead costs 120,000 Sales (received in cash) 1,400,000 Predetermined overhead rate based on direct labor cost 70% References Use the following information Section Break to answer questions 7-11