Ch 15 Problems) Chademy Required information Problem 15-3A Source documents, journal entries, and accounts in job order costing LO P1, P2, P3 The following i n to the u s ed below) rect Widmer Watercrafts predetermined overhead rate for the year 2017 2004 o Information on the company's production activities during May 2017 How " a. Purchased raw materials on credit. 5200 000 b. Materials requisitions record use of the following materials for the month o 15 Total direct materials Total materials wed e Paid $15 250 cash to computer consent to reprogram factory oument d. Time tickets record use of the following labor for the month. These wages were pa din cash al direct labor e. Applied overhead to Jobs 136 13 and 119 Transferred Jobs 136, 138 and 139 to Finished Good Sold Jobs 136 and 138 on credit a total price of $530,000 h. The company incurred the following overhead costs during the month credit Prepaid insurance for expired factory insurance) Depreciation of actory Depreciation of factory Expired factory insurance Accrued property taxes payable . 11.00 1. 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 Problem 15-3A Part 2 2. Prepare journal entries to record the events and transactions through Journal entry worksheet References Depreciation of factory building Depreciation of factory equipment Expired factory insurance Accrued property taxes payable $69,000 38,500 11,000 36,000 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. Problem 15-3A Part 2 2. Prepare journal entries to record the events and transactions a through i View transaction list Journal entry worksheet 2 3 4 5 6 7 8 9 10 > Record raw material purchases on credit. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal