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need help with entrys and charts Required information The following information applies to the questions displayed below.] Widmer Watercraft's predetermined overhead rate is 200% of
need help with entrys and charts 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. a. Purchased raw materials on credit, $240,000 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 $ 49,500 32,000 19,600 22,600 7,000 130,700 21,000 $ 151,700 c. Paid $16,000 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. Next 4 of 4 > to finished goods. nd 139 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). Note: journal entry has been entered S Prev 3 4 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. a. Purchased raw materials on credit, $240,000 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 $ 49,500 32,000 19,600 22,600 7,000 130,700 21,000 $ 151,700 c. Paid $16,000 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. Next 4 of 4 > to finished goods. nd 139 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). Note: journal entry has been entered S Prev 3 4
need help with entrys and charts
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