9 Assignment Saved The following information is available for Lock-Tite Company, which produces special-order security: Job order casting system April 30 May 31 $43,00 $ 52,8ee 1e, 2ee 21. Je 63,000 35,6ee 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 210,000 345.000 15,000 80,00 120,000 1.400,00 20 1. Incurred other overhead costs (record credit to Other Accounts). 2. Application of overhead to work in process Prepare journal entries for the above transactions for the month of May rences View transaction list Journal entry worksheet 1 2 Record other factory overhead costs (excluding indirect materials and indirect labor). Record credit to Other Accounts Note Enter debts before credits Transaction General Journal Debi Credit