Need some help with part 2 preparing the journal entry.

a. Record raw material purchases on credit.

b. Record the requisition of direct and indirect materials.

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

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

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

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

g(1). Record the entry for sales on account for Jobs 136 and 138.

g(2). Record the entry for the cost of sales of Jobs 136 and 138.

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

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

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, $220,000. 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 $ 50,000 33,000 19,800 23,400 6,800 133,000 20,000 $153,000 c. Paid $15,250 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 $ 12,200 10,700 37,700 39,000 3,400 103,000 24,000 $127,000 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 $540,000. h. The company incurred the following overhead costs during the month (credit Prepaid Insurance for expired factory insurance). Depreciation of factory building $69,000 Depreciation of factory equipment 37,500 Expired factory insurance 12,000 Accrued property taxes payable 36,500 1. 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. Materials Labor Overhead Total cost Job No. 136 $ 50,000 12,200 24,400 $ 86,600 Job No. 137 $ 33,000 10.700 21,400 $ 65,100 Job No. 138Job No. 139 $ 19,800 $ 23,400 37,700 39,000 75,400 78.000 $ 132,900 $ 140,400 Job No. 140 $ 6,800 3,400 6,800 $ 17,000 2. Prepare journal entries to record the events and transactions a through i View transaction list View journal entry worksheet No Transaction Credit General Journal Raw materials inventory Accounts payable Debit 220,000 220.000 2 b. 133,000 Work in process inventory Factory overhead Raw materials inventory 20,000 153.000 15,250 Factory overhead Cash 15.250 Work in process inventory Factory overhead 103,000 24,500 Cash 127.000 Work in process inventory Factory overhead Finished goods inventory Work in process inventory Accounts receivable Sales Cost of goods sold Finished goods inventory h. Factory overhead Accum. depreciationFactory building Accum. depreciation Factory equipment Prepaid insurance Property taxes payable 10 i Work in process inventory Factory overhead