Required information The following information applies to the questions displayed below.] Widmer watercraft's predetermined overhead...
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Required information 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, $220,000 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 32,500 20,000 22,600 6,600 130,200 20,000 $150,200 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 wages were paid in cash. Job 136 Job 137 Job 138 Job 139 Job 140 Total direct labor Indirect labor Total $ 12,100 10,600 37,700 39,200 3,000 102,600 24, 500 $127,100
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