Required information The following information applies to the questions displayed below) Widmer 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. $220.000 b. Materials requisitions record use of the following materials for the month Total direct materials Indirect materials Total materials used c. Paid $15.250 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 Total direct labor Total e. Applied overhead to Jobs 136, 128 and 139 Transferred Jobs 136. 138 and 139 to Finished Goods 9. 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 Insurance for expired factory insurancel Depreciation of factory building Depreciation of factory equipment Expired factory insurance Accrued property ace payable 36,500 L.Applied overhead at month-end to the Work in Process Inventory account Jobs 137 and 140) using the predetermined overhead rate of 200% of direct labor cost 3. Post the journal entries for the transactions to the following T-accounts, each of which started the month with a zero balance Raw Materials inventory Works Process Inventory Factory Overhead Finished Goods Inventory Cost of Goods Sold End.bal