Question: Required Informetlon Problem 15-3A Source documents, journal entries, and accounts in job order costing LO P1, P2, P3 The following Information applies to the questions

 Required Informetlon Problem 15-3A Source documents, journal entries, and accounts injob order costing LO P1, P2, P3 The following Information applies to

Required Informetlon Problem 15-3A Source documents, journal entries, and accounts in job order costing LO P1, P2, P3 The following Information applies to the questions displayed below.j 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 materlals on credit, $200,000 b. Materlals requisitions record use of the following materials for the month. Job 136 Job 137 Job 138 Job 139 Job 148 Total direct materials Indirect materials Total materials used S 48,80e 32,800 19, 280 22,488 6,48e 128,880 19,58e $147,58e c. Pald $15,000 cash to a computer consultant to reprogram factory equlpment. d. Time tickets record use of the following labor for the month. These wages were pald In cash. Job 136 Job 137 Job 138 Job 139 Job 148 Total direct labor Indirect labor Total 12,809 18,580 37,58e 39,808 3,880 182,8e8 24,808 $126,80e 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 $525,000 h. The company Incurred the following overhead costs during the month (credit Prepald Insurance for expired factory Insurance). Depreciation of factory building Depreciation of factory equipment Expired factory insurance Accrued property taxes payable $68,800 36,588 18,880 35,800 l. 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

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