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8. 19. & 20 0 O 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 is 200% of direct labor. Information on the company's production activities during May follows. a. Purchased raw materials on credit, $260,000. b. Materials requisitions record use of the following materials for the month. Job 136 Job 137 Job 138 Job 139 Job 140 Total direct materials Indirect materials Total materials used $ 48,500 33,500 19.600 23,000 7.000 131,600 20,000 $151,600 c. Poid $15,250 cash 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. Job 136 Job 137 Job 13 Job 139 Job 140 Total direct labor Indirect labor Total $ 12,100 10.600 38,100 39,000 3,600 103,400 25.50 $ 128,900 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 $535.000. 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 factory insurance Accrued property taxes payable $69.000 37.500 11,00 35,500 1. 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. 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 is 200% of direct labor. Information on the company's production activities during May follows. a. Purchased raw materials on credit, $260,000. b. Materials requisitions record use of the following materials for the month. Job 136 Job 137 Job 138 Job 119 Job 140 Total direct materials Indirect materials Total materials used $ 48,500 33.500 19.680 23.00 7.000 131,600 20,000 3151,600 c. Paid $15.250 cash 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. Job 116 Job 137 Job 138 Job 139 Job 14e Total direct labor Indirect labor Total $ 12,100 10.600 38,100 39.000 3.600 105.400 25,00 $128,900 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 $535,000 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 factory insurance Accrued property taxes payable $69.000 37.5e 11.000 35,500 1. 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. Problem 19-3A Part 2 2. Prepare journal entries to record the events and transactions through

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