[The following information applies to the questions displayed below) 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 Job 137 Job 138 Job 139 Job 140 Total direct materials Indirect materials Total materials used $ 49,000 32,500 20,000 22,400 6,600 130,500 20,000 $150,500 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 Job 140 Total direct materials Indirect materials Total materials used $ 49,000 32,500 20,000 22,400 6,600 130,500 20,000 $150,500 c. Paid $15,750 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 Job 137 Job 138 Job 139 Job 140 Total direct labor Indirect labor Total $ 12,100 10,600 37,700 39,600 3,400 103, 400 24,500 $127,900 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 $535,000. h. The company incurred the following overhead costs during the month (credit Prepaid Insurance insurance). Depreciation of factory building Depreciation of factory equipment Expired factory insurance Accrued property taxes payable $69,000 38,000 10,000 36,500 overhead rate of 200% of direct labor Required: 1. Prepare a job cost sheet for each job worked on during the month. Job No. 139 Job No. 140 Job No. 138 Job No. 136 Job No. 137 Materials Labor Overhead Total cost 0 0 $ 0 $ $ 0 $ 0 $ 5 6 7 8 Prey 00 of 9 Fearch o DOLL F9 F11 F10 F7 F8 FA F6 F3 0 F5 PH Con o A & $ % 5 * 00 8 3 4 9 6 7 UT Required information Journal entry worksheet 8 9 10 7 5 6 4 3 o O c Search DOLL PERSOY F10 F12 F11 FO FO F7 FS F6 F4 p & * 02. $ 7 9 Report of Job Costs Work in Process Inventory 0 Balance Finished Goods Inventory 0 Balance Cost of Goods Sold Balance $ 0