Required information 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. 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 s 48,8e8 33,0e0 19,280 23,28e 6.600 136,000 21,580 s 151,see Indirect Total Paid $15,500 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 3ob 137 Job 138 Job 139 Job 148 s 12,eee 10,788 38,108 39,280 Indirect labor Total 27,eee S 130,480 Total materials used 151,58e c. Paid $15,500 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 ob 136 Job 137 Job 138 Job 139 Job 148 Total direct labor Indirect labor Total $ 12,80e 10, 700 38,100 39,280 3,480 103,400 27,800 S 138,400 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 $535,000 h. The company incurred the following overhead costs during the month (credit Prepaid Insuranice for expired factory insurance). Depreciation of factory building Depreciation of factory Expired factory insurance $ 69,eee 38,e00 12,0ee 35, se0 equipment i. Applied overhead at month-end to the Work in Process Inventory account (Jobs 137 and 140) using the predeterminied overhead rate of 200% of direct labor cost Depreciation of factory building Depreciation of factory equipment Expired factory insurance $ 69,000 38,088 12,000 35, see i. Applied overhead at month-end to the Work in Process Inventory account (Jobs 137 and 140) using the predetermined of 3 overhead rte of 200% of direct labor cost 4. Prepare a report showing the total cost of each job in process and prove that the sum of their costs equals the Work in Process and Cost of Goods Sold