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 materlals on credit, $240,000. b. Materlals requisitions record use of the following materlals for the month. c. TIme tickets record use of the following labor for the month. These wages were pald in cash. d. Applied overhead to Jobs 136,138 , and 139. e. Transferred Jobs 136,138 , and 139 to Finished Goods Inventory. f. Sold Jobs 136 and 138 on credlt at a total price of $545,000. g. Recorded the cost of goods sold for Jobs 136 and 138. h. Incurred the following actual other overhead costs during the month. I. Applied overhead at month-end to the Work In Process Inventory account (for Job 137 and 140) using the predetermined overhead rate of 200% of direct labor cost. Required: 1. Prepare a job cost sheet for each job worked on during the month. View transaction list View journal entry worksheet (x) 4. (a) Compute the total cost of each job In process and prove that the sum of thelr costs equals the Work In Process Inventory account balance. (b) Compute the total cost of each Job finished but not sold, and prove that the sum of their costs equals the Finished Goods Inventory balance. (c) Compute the total cost of each Job sold, and prove that the sum of thelr costs equals the Cost of Goods Sold balance