[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, $240,000. b. Materials requisitions record use of the following materials for the month. Job 136 Job 137 Job 138 Job 139 $ 50,000 33,000 19,400 22,600 Job 140 Total direct materials Indirect materials Total materials requisitions 6,400 131,400 21,000 $ 152,400 c. Time tickets record use of the following labor for the month. These wages were paid in cash. Job 136 $ 12,300 Job 137 Job 138 Job 139 Job 140 Total direct labor Indirect labor Total labor cost 10,700 38,100 39,200 3,200 103,500 26,000 $129,500 d. Applied overhead to Jobs 136, 138, and 139. e. Transferred Jobs 136, 138, and 139 to Finished Goods Inventory. f. Sold Jobs 136 and 138 on credit at a total price of $550,000. g. Recorded the cost of goods sold for Jobs 136 and 138. h. Incurred the following actual other overhead costs during the month. Depreciation of factory building $ 68,500 Depreciation of factory equipment Expired factory insurance Accrued property taxes payable 38,000 11,000 37,000 i. Applied overhead at month-end to the Work in Process Inventory account (for Job 137 and 140) using the predetermined overhead rate of 200% of direct labor cost.