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Requlred Informatlon

Problem $19-4$A $($Algo$)$ Preparing job cost sheets, recording costs, preparing inventory ledger accounts LO P$1,$ P$2,$ P$3$

$[$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, $$220,000.$

b$.$ Materials requisitions record use of the following materials for the month.

$\backslash$table$[[$Job $136,$$$48,500$