Widmer Watercraft$$s predetermined overhead rate for year $2013$ is $200\%$ of direct labor. Information on the company$$s production activities during May $2013$ follows.

a$.$ Purchased raw materials on credit, $$220,000.$

b$.$ Paid $$128,800$ cash for factory wages.

c$.$ Paid $$15,250$ cash to a computer consultant to reprogram factory equipment.

d$.$ Materials requisitions record use of the following materials for the month.

Job $136$ $ $49,000$

Job $13732,500$

Job $13819,400$

Job $13923,200$

Job $1406,400$

Total direct materials $130,500$

Indirect materials $21,000$

Total materials used $ $151,500$

e$.$ Time tickets record use of the following labor for the month.

Job $136$ $ $12,100$

Job $13710,500$

Job $13837,700$

Job $13939,600$

Job $1403,400$

Total direct labor $103,300$

Indirect labor $25,500$

Total $ $128,800$

f$.$ Applied overhead to Jobs $136,138,$ and $139.$

g$.$ Transferred Jobs $136,138,$ and $139$ to Finished Goods.

h$.$ Sold Jobs $136$ and $138$ on credit at a total price of $$540,000.$

i$.$

The company incurred the following overhead costs during the month $($credit Prepaid Insurance for expired factory insurance$).$

Depreciation of factory building $ $70,000$

Depreciation of factory equipment $38,000$

Expired factory insurance $11,000$

Accrued property taxes payable $35,500$

j$.$

Applied overhead at month$-$end to the Goods in Process $($Jobs $137$ and $140)$ using the predetermined overhead rate of $200\%$ of direct labor cost.

$4.$

Prepare a report showing the total cost of each job in process and prove that the sum of their costs equals the Goods in Process Inventory account balance. Prepare similar reports for Finished Goods Inventory and Cost of Goods Sold.