Required information Problem 2-3A Source documents. Journal entries, and accounts job after costing LOP, P2, P3 The following informed on mies to the questes played below) Widmer Watercraft'e predetermined overhead rate for the year 2017 200% of direct labor. Information on the company's production acts during May 2017 folkowe . Purchased raw materials on credit, $200,000. b. Mesterials requisons record ne of the following materiale for the month Jab 136 $ 48, GOD Jab 137 32, GOD Jab 138 19,200 Jab 129 22, 400 Jab 140 6, 400 Total direct materials 128,000 Indirect materiale 19,500 Total materials used $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. These wages were paid in cash. Job 136 Job Job 128 Job 133 Job 140 Total direct labo: Indirect labe: Total $ 12,000 10, 500 37,500 39,000 2,000 202,000 24,000 $125,000 e. Applied overheed to Jobs 136, 138, and 139. tTransferred Jobs 136, 138, and 139 to Phished Goods 9 Sold Jabe 136 and 8 on credit at a total price of $525,000. h. The company incurred the following overhead coats during the month foredr Prepaid Insurance for expired fodory Insurance) 659, DOO Depreciation of factory bling Depreciation of factory equipment Epiced factory insurance Recrued property ta.ee peyable 36,500 10,000 35, DDO L. Applied overhead at month-end to the Work In Process Inventory account Jobs 137 and 140) using the predetermined overhead rate of 2009 af direct labor cost Problem 2-3A Part 1 Required: 1. Prepare a job cost sheet for each job worked on during the month Jab No. 12B Job No. 137 Job No. 138 Job No. 13B Job No. 140 Materials Labor Overhead Total cod 2. Prepare you malomtries to record the event and transactions through Journal entry worksheet Record raw material purduses on credt. Er dubitore Door Creat Tiancaodon Wwwgura econd 2. Prepare foumal ontries to record the events and transactions through V traduction fra Journal entry worksheet Record the requisition of direct and Indirect materials NoteErrobit bones Trancaccion General Journal Debit Credit Record entry Gary Vw god journal Journal entry worksheet Record the entry for direct and Indirect labor, paid in cash. Note: Enter debit o re credits Trancation General Journal Dabit Credit Record entry Cranby Problem 2-3A Part 2 2. Prepare journal entries to record the events and transactions through View tractor Indt Journal entry worksheet Record the entry to apply overhead to jobs 136,138 and 139. Note: Enter debit ore audits Transaction General Journal Debit Credit Recorderly Carminy Www grand journal 2. Prepare joumal entries to record the events and transactions through View traston Journal entry worksheet Record the transfer of completed jobs 136, 138 and 139 to finished gooch. Note: terbit bore ouds Debatt Credit General Journal Tancato Vw g ournal Record entry Problem 2-3A Part 2 2. Prepare foumal entries to record the events and transactions through View traction Journal entry worksheet