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.

Entry A: Record raw material purchases for cash.

Entry B: Record the entry to assign direct materials to jobs.

Entry B: Record the entry to assign indirect materials to jobs.

The following information applies to 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. 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 April 30 $43,000 10, 200 63,000 $ May 31 52,000 21,300 35,600 210,000 345,000 15,000 80,000 120,000 1,400,000 70%