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IThe following informaton apples to the questions displayed below Widmer Watercraft's predetermined overhead rate for year 2015 is 200% of direct labor. Information on the
IThe following informaton apples to the questions displayed below Widmer Watercraft's predetermined overhead rate for year 2015 is 200% of direct labor. Information on the company's production activities during May 2015 follows. a. Purchased raw materials on credit, $240,000. Materials requisitions record use of the following materials for the month 48.000 23.400 Total direct materials $152,400 Total materials used c Paid $15750 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 12,100 Total direct labor 24,500 $126,900
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