I need help with this 2 part accounting question, please help.

Required information (The following information applies to the questions displayed below. 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 Inventorics Raw materials Work in process Finished goods $48,000 9,400 58,000 $ 36, 000 19,900 33,800 Activities and information or May Raw materials purchases (paid with cash) 187,000 150, 000 actory payrol1 (paid with cash) Factory overhead Indirect materials Indirect labor 17,000 34, 500 110,000 1, 300, 000 Other overhead costs Sales (received in cash) Predetermined overhead rate based on direct labor cost 55 Compute the following amounts for the month of May using T-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. Do not consider any underapplied or overapplied overhead Do not consider any underapplied or overapplied overhead Raw Materials (RM) Work in Process (WIP) April 30 48,000 17,000 ndirect materials April 30 9.400 M purchases 187,000 170,000 DM used M used 170,000 L used Overhead applied ay 31 48,000 179,400 Finished Goods (FG) actory overhead Income statement (partial) Required information The following information applies to the questions displayed below. 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 Raw materials Work in process Finished goods $48,000 9, 400 58,000 $ 36, 000 19,900 33,800 Activities and information for May Raw materials purchases (paid with cash) Factory payroll (paid with cash) Factory overhead 187,000 150, 000 Indirect materials Indirect labor Other overhead costs 17,000 34,500 110,000 1,300, o00 Sales (received in cash) Predetermined overhead rate based on direct labor cost 1. Raw materials purchases for cash 2. Direct materials usage 3. Indirect materials usage Prepare journal entries for the above transactions for the month of May 1. Raw materials purchases for cash. 2. Direct materials usage. 3. Indirect materials usage Prepare journal entries for the above transactions for the month of May. View transaction list Journal entry worksheet 2 Record raw material purchases for cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal