1. Record raw material purchases on credit.

2. Record the requisition of direct and indirect materials.

3.Record payment to computer consultant to reprogram factory equipment.

4. Record the entry for direct and indirect labor, paid in cash.

5.Record the entry to apply overhead to jobs 136, 138 and 139.

6.Record the transfer of completed jobs 136,138 and 139 to finished goods.

7.Record the entry for sales on account for Jobs 136 and 138.

8. Record the entry for the cost of sales of Jobs 136 and 138.

9.Record other factory overhead (depreciation, insurance and property taxes).

10.Record the entry to apply overhead to Jobs 137 and 140 (Work in Process).

Required information (The following information applies to the questions displayed below.] Widmer Watercraft's predetermined overhead rate for the year 2017 is 200% of direct labor. Information on the company's production activities during May 2017 follows. a. Purchased raw materials on credit, $260,000. b. Materials requisitions record use of the following materials for the month. Job 136 Job 137 Job 138 Job 139 Job 140 Total direct materials Indirect materials Total materials used $ 48,500 33,000 19, 200 23,000 7, 200 130, 900 20, 500 $151,400 c. Paid $15,750 cash to a computer consultant to reprogram factory equipment. d. Time tickets record use of the following labor for the month. These wages were paid in cash. Job 136 Job 137 Job 138 Job 139 Job 140 Total direct labor Indirect labor Total $ 12, 100 10,600 37,500 39,200 3,600 103,000 24,500 $127,500 e. Applied overhead to Jobs 136, 138, and 139. f. Transferred Jobs 136, 138, and 139 to Finished Goods. g. Sold Jobs 136 and 138 on credit at a total price of $550,000. h. The company incurred the following overhead costs during the month (credit Prepaid Insurance for expired factory insurance) Depreciation of factory building Depreciation of factory equipment Expired factory insurance Accrued property taxes payable $69,500 38,500 11,000 37,000 i. Applied overhead at month-end to the Work in Process Inventory account (Jobs 137 and 140) using the predetermined overhead rate of 200% of direct labor cost. Journal entry worksheet Record raw material purchases on credit. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal