The following information applies to the questions displayed below.$]$Stellar Sound, Inc., which uses a job$-$order costing system, had two jobs in process at the start of $20$x$1$: job no$.64($$$84,000)$ and job no$.65($$$53,500).$ The following information is available: The company applies manufacturing overhead on the basis of machine hours $($based on practical capacity$).$ Budgeted overhead and machine activity for the year were anticipated to be $$840,000,$ and $16,000$ hours, respectively.The company worked on four jobs during the first quarter. Direct materials used, direct labor incurred, and machine hours consumed were as follows: Job No$.$Direct MaterialDirect LaborMachine Hours$64$$$21,000$ $$35,0001,2006522,0007006644,00065,0002,0006715,0008,800500$ Manufacturing overhead during the first quarter included charges for depreciation $($$$34,000),$ indirect labor $($$$60,000),$ indirect materials used $($$$5,000),$ and other factory costs $($$$139,500).$Stellar Sound completed job no$.64$ and job no$.65.$ Job no$.65$ was sold on account, producing a profit of $$34,700$ for the firm$\mathrm{.}2.$ Prepare journal entries as of March $31$ to record the following. $($Note: Use summary entries where appropriate by combining individual job data.$)($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field. Do not round intermediate calculations.$)$ a$.$ The issuance of direct material to production and the direct labor incurred.b$.$ The manufacturing overhead incurred during the quarter.c$.$ The application of manufacturing overhead to production.d$.$ The completion of jobs no$.64$ and no$.65.$e$.$ The sale of job no$.65.$