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W EX16WDVOL1GRADERCAPH x G insertion point - Google Se x BE NICU Blackboard Ch 15: Homework mheducation.com/flow/connect.html Saved You skipped this question in the previous Required information Use the following information to answer questions The following information applies to the questions displayed below j The following information is available for Lock-Tite Company. which produces special-order security products and uses a job order costing system. April 36 May 31 Inventories Raw materials 38, 000 Work in process 19.850 18,090 Finished goods 61,000 34. 300 Activities and information for May Raw materials purchases (paid with cash 181,900 Factory payroll (paid with cash) 100,090 Factory overhead Indirect materials Indirect labor 9,060 23,060 Other overhead costs 102, 500 Sales (received in cash) Predetermined overhead rate based on direct 1, 103,060 5596 Exercise 15-10 Journal entries for overhead LO P3 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 View transaction list View journal entry worksheet No Transaction General Journal Debit Credit B No Transaction Recorded