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 is 200 % of direct labor. Information on the company's production activities during May follows. a. Purchased raw materlals on credit, $240,000 b. Materials requisitions record use of the following materials for the month. Job 136 Job 137 $ 48,500 32,500 19,600 22,600 6,400 129,600 Job 138 Job 139 Job 140 Total direct materials Indirect materials 21,000 Total materials used $150,600 c. Paid $15,750 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 $ 12,200 10,500 37,7ee 39,eee 3,600 103,eee 26,5e0 Job 138 Job 139 Job 140 Total direct labor Indirect labor Total $129,see 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 $525,000 h. The company incurred the following overhead costs during the month (credit Prepaid Insurance for expired factory insurance). Depreciation of factory building Depreciation of factory equipment Expired factory insurance Accrued property taxes payable $69,500 37,000 12,000 36,000 i. 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 Problem 15-3A Part 2 2. Prepare journal entries to record the events and transactions a through View transaction list Journal entry worksheet 2 6 7 8 9 10 3 4 5 1 Record raw material purchases on credit. Note: Enter debits before credits. Debit Credit Transaction General Journal Required information View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 9 Record raw material purchases on credit. Note: Enter debits before credits. Transaction General Journal Debit Credit a View general journal Record entry Clear entry