Watercrafts predetermined overhead rate is 200% of direct labor. Information on the companys production activities during May follows.

Purchased raw materials on credit, $200,000. Materials requisitions record use of the following materials for the month.

Job 136 $ 48,500 Job 137 34,000 Job 138 19,400 Job 139 23,000 Job 140 7,000 Total direct materials 131,900 Indirect materials 21,000 Total materials requisitions $ 152,900 Time tickets record use of the following labor for the month. These wages were paid in cash.

Job 136 $ 12,300 Job 137 10,600 Job 138 37,900 Job 139 39,400 Job 140 3,800 Total direct labor 104,000 Indirect labor 25,000 Total labor cost $ 129,000 Applied overhead to Jobs 136, 138, and 139. Transferred Jobs 136, 138, and 139 to Finished Goods Inventory. Sold Jobs 136 and 138 on credit at a total price of $550,000. Recorded the cost of goods sold for Jobs 136 and 138. Incurred the following actual other overhead costs during the month.

Depreciation of factory building $ 69,000 Depreciation of factory equipment 37,000 Expired factory insurance 11,000 Accrued property taxes payable 35,000 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. Required: 1. Prepare a job cost sheet for each job worked on during the month.

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Required information [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, $200,000. b. Materials requisitions record use of the following materials for the month. c. Time tickets record use of the following labor for the month. These wages were paid in cash. 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. 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. Post the journal entries for the transactions to the following T-accounts, each of which started the month with a zero balance. Required: 1. Prepare a job cost sheet for each job worked on during the month