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roblem 15-3A Source documents, journal entries, and accounts in job order costing LO P1, P2, P3 The following information applies to the questions displayed below.

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roblem 15-3A Source documents, journal entries, and accounts in job order costing LO P1, P2, P3 The following information applies to the questions displayed below. idmer watercraft's predetermined overhead rate for year 2015 is 200% of direct labor. Information on the ompany's production activities during May 2015 follows a. Purchased rew materials on credit $200,000. b. Materials requisitions record use of the following materials for the month Job 136 Job 137 Job 138 Job 139 Job 140 $49,000 32,500 19,600 23,200 7,400 Total direct materials 31,700 20,500 Indirect materlals Total materials used $152,200 c. Paid $15,750 cash to a computer consultant to reprogram factory equipment d. Timetickets record use of the following lobor for the month. These wages were poid in cash. Job 136 Job 137 Job 138 Job 139 Job 140 12,200 10,800 37,500 39,200 4,000 Total direct labor 03700 26,000 Indirect labor Total $129700 e. Applied overhend to Jobs 136, 138, and 139 f. Transferred Jobs 136, 138, and 139 to Finished Goods. g. Sold Jobs 136 and 38 on credit at a total price of $550,000

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