Sea Ventures manufactures goods on a job order basis. During the month of June, three jobs were started in process. (There was no work in process at the beginning of the month.) Jobs Racers and Cruisers were completed and sold, on account, during the month (selling prices: Racers, $22,000; Cruisers, $27,000); Job Floaters was still in process at the end of June. The following data came from the job cost sheets for each job. The factory overhead includes a total of $1,200 of indirect materials and $900 of indirect labor.

Prepare journal entries to record the following:
a. Materials used.
b. Factory wages and salaries earned.
c. Factory Overhead transferred to Work in Process.
d. Jobs completed.
e. Jobssold.

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Racers Cruisers Floaters $6,000 5,000 4,500 Direct materials.. Direct labor $5,000 4,000 $3,500 2,500 2,000