Required information [The following information appliesto the questions dispolayed below] Watercraft's predetermined overhead rate is 200% of direct labor. Information on the company's production activties during May follows. a. Purchased raw materials on credit, $220,000. b. Materials requistions record use of the following materials for the month. c. Time tickets record use of the following labor for the month. These wages were paid in cash d. Applied overhead to Jobs 136, 138, and 139. e. Translerred Jobs 138,138 , and 139 to Finished Goods inventory f. Sold Jobs 136 and 138 on credit at a total price of $535,000. 9. Recorded the cost of goods sold for Jobs 136 and 138 h. Incurred the following actual other ovethead costs during the month. 1. Applied overhead at month-end to the Work in Process inventory account (for job 137 and 140 ) using the predetermined overhead rate of 2005 of direct fabor cost Post the journal entries for the transactions to the following T-accounts, each of which started the month with a zero balance =