As of June 30th, Howard Company has one job in process (Job A). On that date (June 30). Howard Company's job cost sheet reports direct materials of $6,100, direct labor of $2,900, and applied overhead of $2,610. Howard applies overhead at the rate of 90% of direct labor cost. During the month of July, Job A is sold on account for $29,500, Job B is started and completed, and Job C is started and still in process at the end of the month. During July, Howard incurs the following costs: July Product Costs Direct materials Direct labor Overhead applied Job A $1,700 3,3ee ? Job B $6,900 5,500 ? Job C $2,900 3,eee > Total $11,5ee 11,800 ? 1. Prepare the journal entries for the following items in July a. Direct materials used in production. b. Direct labor used in production c. Overhead applied d. The sale of Job A. e. Cost of goods sold for Job A. 2. Compute the July 31st balances of the WIP Inventory and the Finished Goods Inventory accounts. You are to assume that there are no jobs in Finished Goods Inventory as of June 30th. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare journal entries for the above transactions in July, View transaction list View transaction list Journal entry worksheet Record the application of overhead to work in process. Note: Enter debits before credits. Transaction General Journal Debit Credit c. Record entry Clear entry View general Journal View transaction list Journal entry worksheet