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What is/are the correct journal entry(ies) to record the completion and billing of the following job? Direct Materials $4,000 Direct Labor: $1,500 Packaging Materials: $100

What is/are the correct journal entry(ies) to record the completion and billing of the following job?

Direct Materials

$4,000

Direct Labor:

$1,500

Packaging Materials:

$100

Packaging and shipping labor:

$90

Overhead rate:

$20/labor hour

Wages rate:

$15/hr.

Sales price:

150% of Cost of Goods Sold

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