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Required information [The following information applies to the questions displayed below.] Watercraft's...

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Accounting

Required information
[The following information applies to the questions displayed below.]
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.
\table[[Job 136,$48,500
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