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Widmer Watercraft's predetermined overhead rate is 200% of direct labor. Information on the company's production activities during May follows.
Chapter 15 Connect Homework Assignment i Saved Help Save & Exit Submit Check my work e. Applied overhead to Jobs 136, 138, and 139. f. Transferred Jobs 136, 138, and 139 to Finished Goods. g. Sold Jobs 136 and 138 on credit at a total price of $545,000. h. The company incurred the following overhead costs during the month (credit Prepaid Insurance for expired Part 1 of 2 factory insurance). 5 Depreciation of factory building $69, 000 points Depreciation of factory equipment 36, 500 Expired factory insurance 11, 000 Accrued property taxes payable 36,000 eBook Print i. Applied overhead at month-end to the Work in Process Inventory account (Jobs 137 and 140) using the References predetermined overhead rate of 200% of direct labor cost. Required: 1. Prepare a job cost sheet for each job worked on during the month. Job No. 136 Job No. 137 Job No. 138 Job No. 139 Job No. 140 Mc Graw Hill EducationChapter 15 Connect Homework Assignment i Saved Help Save & Exit Submit Check my work MULI HEN PIUPLILY LAND PUYUVAL i. Applied overhead at month-end to the Work in Process Inventory account (Jobs 137 and 140) using the Part 1 of 2 predetermined overhead rate of 200% of direct labor cost. 5 points Required: 1. Prepare a job cost sheet for each job worked on during the month. eBook Job No. 136 Job No. 137 Job No. 138 Job No. 139 Job No. 140 Print Materials References Labor Overhead Total cost Mc Graw Hill Part1on 5 points eBook an Refere n ces Widmer 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 $ 48,588 Job 137 33,089 Job 138 26, 288 Job 139 22,686 Job 146 7,986 Total direct materials 131,389 Indirect materials 21,988 Total materials used $152,389 c. Paid $15,250 cash to a computer consultant to reprogram factory equipment. d. Time tickets record use of the following labor for the month. These wages were paid in cash. Job 136 $ 12,389 Check my work c. Paid $15,250 cash to a computer consultant to reprogram factory equipment. d. Time tickets record use of the following labor for the month. These wages were paid in cash. Part 1 of 2 Job 136 $ 12, 300 Job 137 10, 700 Job 138 37 ,500 Job 139 39, 200 5 Job 140 4,000 points Total direct labor 103, 700 Indirect labor 24, 500 Total $128, 200 eBook Print References e. Applied overhead to Jobs 136, 138, and 139. f. Transferred Jobs 136, 138, and 139 to Finished Goods. g. Sold Jobs 136 and 138 on credit at a total price of $545,000. h. The company incurred the following overhead costs during the month (credit Prepaid Insurance for expired factory insurance). Depreciation of factory building $69, 000 Depreciation of factory equipment 36, 500 Mc Graw Hill Education
