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2 Custom Cabinetry has one job in process (Job 120) as of June 30, at that time, its job cost sheet reports direct materials of

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2 Custom Cabinetry has one job in process (Job 120) as of June 30, at that time, its job cost sheet reports direct materials of $8700 direct labor of $4,500, and applied overhead of $3,600 Custom During July, Job 120 is sold (on accoun) for $25,000, Job 121 is started and completed, and Job 122 is started and stll in process at the end of the month Custom Cabinetry incurs the following costs during July applies overhead at the rate of 80% of direct labor cost t labor Overhead applied 3,300 4,703,9 11,90 1 Prepare journal entries for the following in July a Direct materials used in production b. Direct labor used in production d. The sale of Job 120 e Cost of goods sold for Job 120 there are no jobs in Finished Goods Inventory as of June 30) Noxt

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