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, $260,000. 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 requisitions $ 50,000 33,500 19,800 23,200 7,000 133,500 19,500 $ 153,000 c. Time tickets record use of the following labor for the month. These wages were paid in cash. Job 136 $ 12,000 Job 137 Job 138 Job 139 Job 140 10,800 37,700 39,600 3,000 Total direct labor Indirect labor 103,100 25,000 Total labor cost $128,100