Problem 4-53. Overhead Application and Job-Order Costing Heurion Company is a job-order costing firm that uses a plantwide overhead rate based on direct labor hours. Estimated information for the year is as follows:

Overhead $789,000 Direct labor hours 100,000

Heurion worked on five jobs in July. Data are as follows:

Job 741 Job 742 Job 743 Job 744 Job 745 Balance, July 1 $29,870 $55,215 $27,880 $ 0 0 Direct materials $25,500 $39,800 $14,450 $13,600 $ 8,420 Direct labor cost $61,300 $48,500 $28,700 $24,500 $21,300 Direct labor hours 4,000 3,400 1,980 1,600 1,400

By July 31, Jobs 741 and 743 were completed and sold. The remaining jobs were in process.

Prepare journal entries for the month of July with the following CHANGES. First, assume that the company uses a plantwide overhead rate based on direct labor dollars. Also assume that estimated information for the year includes Direct labor dollars of $1,642,000. Finally, assume that the company sells its jobs at a selling price equal to (cost + 25% of cost markup).

i need the journal entries as requested in the problem