Chasse is once and are 703 Problem 15-3 Sou uma Widmer Watercraft's predetermined ovestacadre for 2017 - 20s of deather Info company's production activities during May 2017 follow a. Purchased raw materials credit, 5.300.000 b. Materials requisitions record me of the following for the month Job 5.000 13 P1 72 73 12.000 19.296 22.00 5 J133 Job To 155 100 c. Paid S15.000 cash to a computer contatto reprogram format d. Time tickets record me of the following labor for the month. There was were paid inch Job 06 5 12.000 Jub 10.500 Jub . 140 Total 1000 12000 22.00 SCO Ta e. Applied overbead to Jobs 136, 138, and 139 t. Transferred Jobs 136, 138, and 139 to Finished Goods 9. Sold Jobs 136 and 13 on credit at a total price of $525.000 h. The company incurred the following overhead costs daring the month credit Prepaid for expired factory insurance) Demo actory ding 5.000 Depution of Expired btay inurror 10.000 1000 1. Applied overhead at month-ead to the Work in Process Inventory account ob 137 and 140 sing the predetermined overhead rate of 2005 of direct labor cost. Required 1. Prepare a job cost sheet for each job worked on during the month Use the following samplified form Job 2. Prepare journal entries to record the events and transactions through 3. Set up T-accounts for each of the following general ledger accounts, each of which started the month Decker with a seco balunce: Raw Materials Inventory. Work in Process luventoryFinished Goods Icy: Factory Overhead; Cost of Goods Sold. Then port the journal entries to these Taccounts und der mine the balance of each account 4. Prepare a report showing the total cost of each job in process and prove that the son of their costs equals the Work in Process Inventory account balance. Torpare similar reports for Finished Goods Check Inventory and out of Good Sold