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Journal entry worksheet Note: Enter debits before credits. 2.1 Journal entry worksheet 4 ivoce: Encer dedics derore creaits. Journal entry worksheet Record the entry for indirect labor, paid in cash. Note: Enter debits before credits. Journal entry worksheet 5 Record the entry for direct labor, paid in cash. Note: Enter debits before credits. Watercraft's predetermined overhead rate is 200% of direct labor information on the company's production activites during May follows. a. Purchased raw materials on credit, $260,000. b. Materials requistions record use of the following materials for the month. c. Time tickets record use of the following labor for the month. These woges were paid in cosh. d. Applied overhead to Jobs 136, 138, and 139. e. Transferred Jobs 136,138 . ond 139 to Finished Goods Inventory f. Sold Jobs 136 and 138 on credit at a total price of $545,000. 9. Recorded the cost of goods sold for Jobs 136 and 138. h. Incurred the following actual other ovethead costs during the month. 1. Applied overhead at month-end to the Work in Process inventory account (for Job 137 and 140 ) using the predetermined overhead rate of 200% of direct labor cost 2. Prepare journal entries to record the events and transactions a through 6