Jensen Fences uses job order costing. Manufacturing overhead is charged to individual jobs through the use of a predetermined overhead rate based on direct labor costs. The following information appears in the company$$s Work in Process Inventory account for the month of June:

Debits to account:

Balance, June $1$ $ $5,000$

Direct materials $20,000$

Direct labor $12,400$

Manufacturing overhead $($applied to jobs as $125\%$ of direct labor cost$)15,500$

Total debits to account $ $52,900$

Credits to account:

Transferred to Finished Goods Inventory account $44,000$

Balance, June $30$ $ $8,900$

Required:

Assuming that the direct labor charged to the jobs still in process at June $30$ amounts to $$1,500,$ compute the amount of manufacturing overhead and the amount of direct materials that have been charged to these jobs as of June $30.$

Prepare general journal entries to summarize:

The manufacturing costs $($direct materials, direct labor, and overhead$)$ charged to production during June.

The transfer of production completed during June to the Finished Goods Inventory account.

The cash sale of $80$ percent of the merchandise completed during June at a total sales price of $$52,000.$ Show the related cost