Custom Cabinetry has one job in process $($Job $120)$ as of June $30$; at that time, its job cost sheet reports direct materials of $$6,100,$

direct labor of $$4,500,$ and applied overhesd of $$4,050.$ Custom Cabinetry applies overheod at the rate of $90$$ of direct labor cost.

During July. Job $120$ is sold $($on credity for $$26\mathrm{.}000,$ Job $121$ is started and completed, and Job $122$ is started and still in process at the

end of July. Custom Cobinetry incurs the following costs during July.

Prepare joumal entries for the following July transactions and events a through $e.$

a$.$ Direct materials used.

b$.$ Direct labor used.

c$.$ Overhead applied.

d$.$ Sale of Job $120.$

e$.$ Cost of goods sold for Job $120.$ Hint Job $120$ has costs from June and July.

Compute the July $31$ balances of the Work in Process Inwentory and the Finished Goods Inventory accounts. $($There were no jobs

in Finished Goods Inventory at June $30.)$

Complete this question by entering your answers in the tabs below.

Prepare joumal entries for the following July transactions and events a through e$.$

Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

Record the entry to assign direct materials to job.

Nosa: Enar debiza before creda.

Complete this question by entering your answers in the tabs below.

Compute the July $31$ balances of the Work in Process Inventory and the Finished Goods Inventory accounts. $($There were no

jobs in Finished Goods Inventory at June $30.)$