Exercise Sard Help Save & Exit Submit Check my work The following information is available for Lock Tite Company, which produces special order security products and uses a Job order costing system 1 541,000 9.200 53,000 14.000 18.900 33.5 Triventories 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 owerhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cont 194,000 250,000 14.000 57.500 95,500 1,500,000 Compute the following amounts for the month of May using 1-accounts. 1. Cost of direct materials used 2. Cost of direct labor used 3. Cost of goods manufactured 4. Cost of goods sold." 5. Gross profit 6. Overapplied or underapplied overhead 4 6 7 of 10 Next > 72"FAVO a o ch Exercise Sard Help Save & Exit Submit Check my work The following information is available for Lock Tite Company, which produces special order security products and uses a Job order costing system 1 541,000 9.200 53,000 14.000 18.900 33.5 Triventories 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 owerhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cont 194,000 250,000 14.000 57.500 95,500 1,500,000 Compute the following amounts for the month of May using 1-accounts. 1. Cost of direct materials used 2. Cost of direct labor used 3. Cost of goods manufactured 4. Cost of goods sold." 5. Gross profit 6. Overapplied or underapplied overhead 4 6 7 of 10 Next > 72"FAVO a o ch