Use the following information to answer questions [The following information applies to the questions displayed below) The following information is available for Lock-Tite Company, which produces special-order security products a job order costing system. April 30 May 31 $ $ 49,00 9,800 59,000 38,890 20,380 33,689 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 Indirect labor Other overhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cost 192,000 200, eee 13,000 46,000 110,000 1,990,000 55% Check my work Required information Compute the following amounts for the month of May using accounts 1. Cost of direct materials used 2. Cost of direct laborused 3. Cost of goods manufactured 4. Cost of goods sold" 5. Gross profit 6. Overapplied or underapplied overhead. "Do not consider any underapplied or overapplied overhead Raw Materials (RM) Work in Process (WP) You skipped this question in the previous attempt Check my werk Required information Fished Goods [G] Inventory Factory Overhead Income statement (partial)