Part 3 of 4 Required Information Problem 15-3A Source documents, journal entries, and accounts in job order costing LO P1, P2, P3 The following information applies to the questions displayed below) Widmer Watercraft's predetermined overhead rate for the year 2017 is 200% of direct labor. Information on the company's production activities during May 2017 follows. 125 points a. Purchased raw materials on credit, $200,000 b. Materials requisitions record use of the following materials for the month eBook Print Reference Job 136 Job 137 Job 138 Job 139 Job 140 Total direct materials Indirect materials Total materials used $ 48,000 32,000 19,200 22,400 6,400 128,000 19,500 $147,500 c. Paid $15,000 cash to a computer consultant to reprogram factory equipment d. Time tickets record use of the following labor for the month. Those wages were paid in cash. Job 136 Job 137 Job 138 Job 139 Job 140 Total direct Labor Indirect labor Total $ 12,000 10,500 37,500 39,000 3,000 102,000 24,000 $126,000 e. Applied overhead to Jobs 136, 138, and 139 1. Transferred Jobs 136, 138, and 139 to Finished Goods. 9. Sold Jobs 136 and 138 on credit at a total price of $525,000 h. The company incurred the following overhead costs during the month (credit Prepaid Insurance for expired factory insurance) Depreciation of factory $68,000 Required information Bof 4 e. Applied overhend to Jobs 136, 138, and 139, 1. Transferred Jobs 136, 138, and 139 to Finished Goods. 9. Sold Jobs 136 and 138 on credit at a total price of $525,000 h. The company incurred the following overhead costs during the month (credit Prepaid Insurance for expired factory insurance) ok Depreciation of factory $68,000 building Depreciation of factory 36,500 equipment Expired factory Insurance 10,000 Accrued property taxes payable 35,000 int rence 1. Applied overhond 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 Problem 15-3A Part 3 3. Post the journal entries for the transactions to the following Taccounts, each of which started the month with a zero balance Raw Materials Inventory Work in Process inventory End.bal End.bal Factory Overhead Finished Goods inventory End.bal End bal Cost of Goods Sold End bal