perpetual inventory records. Prepare jo during the month of June (10 pts.). ompany uses a job order cost accounting system and keepsons urnal entries to record the following transacuion June 8 R aw materials requisitioned by production to start job: Direct materials $8,000 14 Time tickets indicated the following $84,000 25 Applied factory overhead to production based on a predetermined 28 Goods costing $18,000 were completed in the factory and were 30 Goods costing $15,000 were sold for $20,000 on account. Direct Labor (7,000 hrs x $12 per hr) overhead rate of $7 per direct labor hour worked. transferred to finished goods