Required Information Problem 19-3A Source documents, journal entries, and accounts in job order costing LO P1, P2, P3 The following information applies to the questions displayed below.) 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, $260,000 b. Materials requisitions record use of the following materials for the month. Job 136 Tob 137 ob 139 Job 140 Total direct materials Indirect materiala Total nateriala used s 48,500 33,s00 20,000 23,400 ,200 132,600 20,000 152,600 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 cash. 5 7 8 c Paid $15,750 cash to a computer consultant to reprogram factory equipment d. Time tickets record use of the following labor for the month. These weges were pald In cash. Job 136 Job 137 Tob 138 Job 139 12,000 10,700 37,900 39,200 4,000 103,800 25,500 Total direct labor Indirect labor Total 129,300 e. Applied overhead to Jobs 136, 138, and 139. f. Transferred Jobs 136, 138, and 139 to Finished Goods. g. Sold Jobs 136 and 138 on credit at a total price of $545,000 h. The company incurred the following overhead costs during the month (credit Prepaid Insurance for expired factory insurance). Depreciation of factory building Depreciation of factory equipment Expired Eactory insurance Acerued property taxes payable 69,000 38,000 35,000 . Applied overhead at month-end to the Work in Process Inventory account (Jobs 137 and 140) using the predetermined Prev 7 Next> s-1 5 8 9 Acerued property taxes payabl 35,000 L Applied overhead at month-end to the Work in Process Inventory account (lobs 137 and 140) using the predetermined overhead rate of 200% of direct labor cost. Problem 19-3A Part 2 2. Prepare journal entries to record the events and transactions a through & View transaction list Journal entry worksheet Record raw material purchases on credit Note: Enber debits befone credies 20 Fa F1 2 View transaction list Journal entry worksheet 2 3 4 5 6 78 9 10 Record the requisition of direct and indirect materials Note: Enter debits before credits. Credit Record entry Clear entry Vlew general journal 0 8 3 4 9 View transaction list Journal entry worksheet K1 2 3 4 5 6 7 89 10 Record payment to computer consultant to reprogram factory equipment. Note: Enter debits before credits. Transaction Debit Credit Record entry Clear entry View general journal Pre 6 78 of9 Next > 20 F3 2 eview 18-19 (Extra Credity Saved View transaction list Journal entry worksheet 12 34 5 6 7 8 9 10 Record the entry for direct and indirect labor, paid in cash Note: Enter debits before credits Transaction General Journal Debit Credit d. Record entry Clear entry View general journal 8 View transaction list Journal entry worksheet K12 3 45 789 10 Record the entry to apply overhead to jobs 136, 138 and 139. Note: Enter debits before credits Debit Credit Record entry Clear entry View general Journal Prey 678 of9 Next > 3 View transaction list Journal entry worksheet 9 10 Record the transfer of completed jobs 136,138 and 139 to finished goods. Note: Enter debits before credits Debit Record entry Clear entry View general journal 8 2 3 4 View transaction list Journal entry worksheet Record the entry for sales on account for Jobs 136 and 138. Note: Enter debits before credits ransaction General Journal Debit Credit Record entry Clear entry View general journal 20 2 3 4 View transaction list Journal entry worksheet Record the entry for the cost of sales of Jobs 136 and 138. Note: Enter debits before credits. Transaction General Journal Debit Credit 9(2). Record entry Clear entry View general journal Prey 67 8 of 9 Next> 29 View transaction list Journal entry worksheet 6 9 10 Record other factory overhead (depreciation, insurance and property taxes). Note: Enter debits before credits. General Journal Debit Credit h. Record entry Clear entry View general journal Prev 6 7 8 of 9 Next > 29 View transaction list Journal entry worksheet 9 Record the entry to apply overhead to Jobs 137 and 140 (Work in Process). Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry Vlew general journal 29 F4 FS FS