Help Save & Ex 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 April 30 Inventories May 31 Raw materials $49,000 36,000 Work in process 9,900 19, 700 Finished goods 61,000 Activities and information for May 34,500 Raw materials purchases (paid with cash) 182,000 Factory payroll (paid with cash) 250,000 Factory overhead Indirect materials 13,000 Indirect labor 57, 500 Other overhead costs 120,000 Sales (received in cash) 1,500,000 Predetermined overhead rate based on 55% direct labor cost OOK Check my work 5 ULL LOUULUDL 4 1. Incurred other overhead costs (record credit to Other Accounts). 2. Applied overhead to work in process. Prepare journal entries for the above transactions for the month of May. OOK View transaction list Journal entry worksheet 8 Record the application of overhead to work in process, PX 6 of 10 Next > Thapter 15 Graded Exercises Saved Help Save & Exit Submit Check my work 6 Required information art 4 of 4 Record the application of overhead to work in process, Note: Enter debits before credits Book Debit Credit Hint Transaction General Journal 2 Work in process inventory Factory Overhead Pent References raw Hall