Custom Cabinetry has one job in process (Job 120) as of June 30; at that time, its job cost sheet reports direct materials of $6,500. direct labor of $3,700, and applied overhead of $2,960. Custom Cabinetry applies overhead at the rate of 80% of direct labor cost. During July, Job 120 is sold (on credit) for $23,500, Job 121 is started and completed, and Job 122 is started and still in process at the end of July. Custom Cabinetry incurs the following costs during July. Direct materials used Direct labor used [[" Job "120," Job "121," Job "122],[$1","600,$7","300,$3","300],[2","400,3","700,3","600]] Prepare journal entries for the following July transactions and events a through e. a. Direct materials used. b. Direct labor used. c