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, $260,000. 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 $151,800 used s 48,500 32,500 20,000 23,000 6,800 130,800 21,000 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 137 Job 138 Job 139 Job 140 Total direct labor Indirect labor 2000 Total 12,100 10,700 37,700 39,400 4,000 103,900 $130,900 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 factor building Depreciation of factory equipment Expired factory insurance 11,000 Accrued property taxes payable y $68,000 38,500 36,500 i. Applied overhead at month-end to the Work in Process Inventory account (Jobs 137 and 140) using the