E V > G ezto.mheducation.com C + all Courses - Blackboard Learn + Summer 2023 - Google Sheets B Courses M Question 3 - Chapter 15 Homework - Connect Chapter 15 Homework i Saved Help Save & Exit Submit Check my work 3 Watercraft's predetermined overhead rate is 200% of direct labor. Information on the company's production activities during May follows. Part 2 of 4 a. Purchased raw materials on credit, $240,000. b. Materials requisitions record use of the following materials for the month. Job 136 $ 48, 500 20 Job 137 33, 500 points Job 138 20, 200 Job 139 22, 600 Job 140 7,000 Skipped Total direct materials 131, 800 Indirect materials 19, 500 Total materials requisitions $ 151, 300 eBook c. Time tickets record use of the following labor for the month. These wages were paid in cash. Job 136 $ 12, 200 Job 137 10, 700 Print Job 138 37, 900 Job 139 39 , 600 n Job 140 3, 800 Total direct labor , 200 References Indirect labor 26, 500 Total labor cost $ 130, 700 d. Applied overhead to Jobs 136, 138, and 139 e. Transferred Jobs 136, 138, and 139 to Finished Goods Inventory. f. Sold Jobs 136 and 138 on credit at a total price of $550,000. g. Recorded the cost of goods sold for Jobs 136 and 138. h. Incurred the following actual other overhead costs during the month. Depreciation of factory building $ 69, 500 Depreciation of factory equipment 37, 000 Expired factory insurance 11, 000 Accrued property taxes payable 37, 000 Mc Graw HillE V > G ezto.mheducation.com C + all Courses - Blackboard Learn + Summer 2023 - Google Sheets B Courses M Question 3 - Chapter 15 Homework - Connect Chapter 15 Homework i Saved Help Save & Exit Submit Check my work 3 2. Prepare journal entries to record the events and transactions a through i. Part 2 of 4 View transaction list 20 points Journal entry worksheet Skipped 2 3 4 5 6 7 8 11 > Record raw material purchases on credit. eBook Note: Enter debits before credits. Print Transaction General Journal Debit Credit a. References Record entry Clear entry View general journal Mc Graw Hill