Take me to the text Oceanic Company, a well-known manufacturer of high quality speed boats, provided the following information for the month of May 2019. Job # 6 Job # 7 Job # 8 Allocated Manufacturing Overhead $29,600 $24,500 $26,700 Direct Labor $25,700 $21,300 $23,600 Direct Materials $20 200 $22,600 $26,900 Total $75,500 $68,400 $77,200 The May sales report showed that Job # 6 and # 7 were sold for cash amounting to $99,700 and $100,600 respectively. Job # 8 is still unsold. Record the above sale. Assume that Oceanic Company uses a perpetual inventory system. Do not enter dollar signs or commas in the input boxes, Date Account Title and Explanation Debit Credit May 31 To record sales May 31 To recognize COGS