Widmer Watercraft's predetermined overhead rate for the year 2017 is 200% of direct labor. Information on the company's production activities during May 2017 follows a. Purchased raw materials on credit, $200,000 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 $ 48,500 33,500 19,600 23,200 6,400 131,200 21,500 $152,700 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 cosh, Job 136 Job 137 Job 138 Job 139 Job 140 Total direct labor Indirect labor Total $ 12,000 10,600 37,900 39,200 3,400 103, 100 24,000 $127, 100 e. Applied overhead to Jobs 136, 138, and 139, f. Transferred Jobs 136, 138, and 139 to Finished Goods. 9. 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 for expired factory inciranrol Next > 5 6 7 of 20 !!! JLI Uupco --- He e. Applied overhead to Jobs 136, 138, and 139. f. Transferred Jobs 136, 138, and 139 to Finished Goods. h. The company incurred the following overhead costs during the month (credit Prepaid Insurance for expired factory g. Sold Jobs 136 and 138 on credit at a total price of $535,000. insurance) Depreciation of factory building Depreciation of factory equipment Expired factory insurance Accrued property taxes payable $68,500 37,000 11,000 37,000 i. Applied overhead at month-end to the Work in Process Inventory account (Jobs 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. Job No. 140 Job No. 139 Job No. 138 Job No. 137 Job No. 136 Materials Labor Overhead Total cost