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11]. Manufacturing and Absorption Coating {It} points} 1. Lenovo manufactures computers. What journal entries explain the change in the total inventory accounts in 2009? You
11]. Manufacturing and Absorption Coating {It} points} 1. Lenovo manufactures computers. What journal entries explain the change in the total inventory accounts in 2009? You may assume that all labor and raw material purchases are paid in cash, all overhead is depreciation and there is no obsolescence. The inputs into work-in- process are 60% raw materials, 25% overhead and 15% labor. Note that you will need to use some information from Part I above in your calculations (but you don't need to repeat those journal entries here). (13 points}
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