Required information [The following information applies to the questions displayed below.) Watercraft's predetermined overhead rate is 200% of direct labor. Information on the company's production activities during May follows. a. Purchased raw materials on credit, $200,000. b. Materials requisitions record use of the following materials for the month. Job 136. Job 137 Job 138 Job 139 $ 49,500 32,500 19,400 23,000 Job 140 Total direct materials Indirect materials Total materials requisitions 7,200 131,600 20,000 $ 151,600 c. Time tickets record use of the following labor for the month. These wages were paid in cash. Job 136 $ 12,100 Job 137 Job 138 Job 139 Job 140 Total direct labor Indirect labor Total labor cost 10,600 37,700 39,200 3,400 103,000 26,000 $ 129,000