PROBLEM $17\mathrm{.}1$A Job Order Costing: Computations and Journal Entries $\backslash (\backslash$longleftarrow $\backslash )$ LO$17-1,\backslash (\backslash$checkmark $\backslash )$ LO$17-2,\backslash (\backslash$checkmark $\backslash )$ LO$17-3,\backslash (\backslash$checkmark $\backslash )$ LO$17-4,\backslash (\backslash$checkmark $\backslash )$ LO$17-5$ Jensen Fences uses job order costing. Manufacturing overhead is charged to individual jobs through the use of a predetermined overhead rate based on direct labor costs. The following information appears in the company's Work in Process Inventory account for the month of June: Instructions a$.$ Assuming that the direct labor charged to the jobs still in process at June $30$ amounts to $\backslash (\backslash$$ $1,850\backslash ),$ compute the amount of manufacturing overhead and the amount of direct materials that have been charged to these jobs as of June $30.$ b$.$ Prepare general journal entries to summarize: $1.$ The manufacturing costs $($direct materials, direct labor, and overhead$)$ charged to production during June. $2.$ The transfer of production completed during June to the Finished Goods Inventory account. $3.$ The cash sale of $75$ percent of the merchandise completed during June at a total sales price of $\backslash (\backslash$$ $68,000\backslash ).$ Show the related cost of goods sold in a separate journal entry.