Westin Watercraft%u2019s predetermined overhead rate for year 2011 is 200% of direct labor. Information on the company%u2019s production activities during May 2011 follows.
a. Purchased raw materials on credit, $260,000.
b. Paid $130,200 cash for factory wages.
c. Paid $16,000 cash to a computer consultant to reprogram factory equipment.
d. Materials requisitions record use of the following materials for the month.