Required Information

$[$The following informetion spplies to the questions alsplsyed below.$]$

Watercraft's predetemined overhead rate is $200\%$ of drect isbor. Informatian on the company's production activilies

during May followa.

a$.$ Purchsaed rew materlali an credit, $$200,000.$

b$.$ Msterlala requisitions record use of the following msterials for the month.

c$.$ Time tickets record use of the following labor for the manth. These wsges were poid in cssh$.$

d$.$ Applied overhead to Jobs $136,138,$ and $139.$

e$.$ Tranaverred Jobs $136,139,$ snd $139$ to Finlahed Goods Inventary.

f$.$ Sold Jobs $136$ and $139$ on credit st a total orlce of $$535,000.$

Recorced the coat af goods sold for Jobs $136$ and $138.$

h$.$ Incurred the following sctusl other overhesd costs during the month.

Dopreciation of factory building

Dopreclation of factory equipesent

$568,50e$

Eupired factory insurace

$36,500$

Accrund pecperty tawos paryable

$11,969$

L$.$ Applied overhesd st month$-$end to the Work in Process Inventory sccount $($for Jab $137$ snd $140)$ using the

predetermined overhesd rste of $200\%$ of direct lsbar coat.

Post the joumsl entries for the transactons to the following T$-$accounts, each of which stsrted the month with a zero bslsnce.