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cant see the answers on the right please dont cut anyting out in the answer back. thanks!! Custom Cabinetry has one job in process ob

cant see the answers on the right
image text in transcribedplease dont cut anyting out in the answer back. thanks!!
Custom Cabinetry has one job in process ob 120) as of June 30, at that time, its job cost sheet reports direct materials of $7,200 direct labor of $3,400, and applied overhead of $3,060 Custom Cabinetry applies overhead at the rate of 90% of direct labor cost During July, Job 120 is sold on account) for $25.000, Job 121 is started and completed, and Job 122 is started and still in process at the end of the month Custom Cabinetry Incurs the following costs during July Buy Product Cort 3 120 ob 123 122 Total Direct materials $2,300 58,40 $2,000 $13,00 Direct labor 2, 3,40 10.600 Overhead applied 1. Prepare journal entries for the following in July a. Direct materials used in production b. Direct labor used in production c. Overhead applied d. The sale of Job 120 e. Cost of goods sold for Job 120 2. Compute the July 31 balances of the Work in Process inventory and the finished Goods inventory accounts (Assume there are no jobs in Finished Goods Inventory as of June 30) Complete this question by entering your answers in the tabs below so" Mouly doudy O Search C DRO O 1 - o ! 7 8 9 6 2 5 3 I P o U W E R F Y H L J ; S G D C V V . V X N B alt Ctrl alt

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