required b 1. The manufacturing cost (direct materials, direct labor, and overhead) charged to production during June. 2. the transfer of production completed during June to the finished goods inventory account. 3. the cash sale of 80 percent of the merchandise completed during June at a total sales price of $55,000. show the related cost of goods sold in a separate journal entry.

omework Help Save & Exit Submit Check my work Balance, June Direct naterials Direct labor Manufacturing overhead (applied to jobs as 125% of direct labor cost $ 5,080 18, 880 12,080 15,080 ] 50m Total debits to account Credits to account: 44, 860 S 6, 880 Transferred to Finished Goods Inventary account Balance, June 38 Required: a. Assuming that the direct labor charged to the jobs still n process et June 30 amounts to $1.400, compute the amount of manufacturing overhead and the amount of direct materials that have been charged to these jobs as of June 30. b. Prepare general journal entries to summarize: 1. The manufacturing costs (direct materials, direct labor, and overhead) charged to production during June. 2. The transfer of production completed during June to the Finished Goods Inventory account 3. The cash sale of 80 percent of the merchandise completed during June at a total sales price of $55,000. Show the related cost of goods sold in a separate journal entry Complete this question by entering your answers in the tabs below. Required A Required 8 Assuming that the direct labor charged to the jobs still in process at June 30 amounts to $1,400, compute the amount of manufacturing overhead and the amount of direct materials that have been charged to these jobs as of June 30