Question: Ch 15 Problems) o RE Problem 15-3A Source documents, journal entries, and accounts in job order costing LO P1, P2, P3 The following information ples
Ch 15 Problems) o RE Problem 15-3A Source documents, journal entries, and accounts in job order costing LO P1, P2, P3 The following information ples to the questions played below Widmer Watercraft's predetermined overhead rate for the year 2017 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 lo 1 Total direct waterials Indirect suterials Total materials used c. Paid $15.250 cash to a computer consultant to reprogram factory equipment d. Time skets record use of the following labor for the month. These wages were paid inch Total direct labor e. Applied overhead to Jobs 136, 138, and 139 t. Transferred Jobs 136. 138 and 139 to Finished Goods g. Sold Jobs 136 and 138 on credit at a total price of $530.000 h. The company incurred the following overhead costs during the month credit Prepaid Insur for expired factory insurance Depreciation of factory building Depreciation of factory ou t Expired factory insurance Accrued property taxes payable $69.000 $8.50 L Applied overhead at month-end to the Work in Process Inventory account Lobs using the predetermined overhead rate of 200% of direct labor cost Brand Problem 15-3A Part 1 Required: 1. Prepare a job cost sheet for each job worked on during the month Job No. 155 Job No. 137 Job No. 138 ob 130 Job No. 140 Labor Overhead
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