Chapter 15 Homework Swed Help Save & Exit Submit Check my work 2 Panto Required information The following information applies to the questions displayed below) Widmer Watercraft's predetermined overhead rate is 200% of direct labor Information on the company's production activities during May follows 20 ponts a. Purchased raw materials on credit $220,000 b. Materials requisitions record use of the following materials for the month Print Job 136 Job 137 Job 138 Job 139 Job 140 Total direct materials Indirect materials Total materials used $ 48,000 33,500 20.000 23.000 7.200 131,700 21,800 $152,700 References 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 2 S 12,200 10,500 3770 30,00 Part of Job 13 Job 137 Job 13 Job 130 Job 140 Total direct labor Indirect labor Total 183, 24,500 5128,300 SIP - 20 e. Applied overhead to jobs 136, 138, and 139, 1. Transferred Jobs 136, 138, and 130 to Finished Goods 9. Sold Jobs 136 and 138 on credit at a total price of $545,000 h. The company incurred the following overhead costs during the month (credit Prepaid Insurance for expired factory Insurance 0 Depreciation of factory building Depreciation of factory equipment Expired factory insurance Accrued property taxes payable 500,000 37,500 10,000 35,000 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 Required 1. Prepare a job cost sheet for each job worked on during the month . Job No. 136 Job No. 137 Job No. 138 Job No. 139 Job No. 100 Materials Labor Overhead Total cost