answer for question 2 and 3 please

The Spark Corporation manufactures electrical meters. Spark uses a JIT production -4 system. For August, there were no beginning inventories of direct materials and no beginning or ending work in process. Spark's August standard cost per meter is direct materials, \$26, and conversion cost, \$19. Spark has no direct materials variances. The following data apply to August manufacturing: 1. Assume Spark uses a backflush costing system with three trigger points for making entries in the accounting system: - Purchase of direct materials - Completion of good finished units of product - Sale of finished goods a. Prepare summary journal entries for August (without disposing of under- or overallocated conversion costs). Assume no direct materials variances. b. Post the entries in requirement la to T-accounts for Materials and In-Process Inventory Control, Finished Goods Control, Conversion Costs Control, Conversion Costs Allocated, and Cost of Goods Sold. 2. Now assume Spark uses a JIT production system and backflush costing with two trigger points for making entries in the accounting system: - Purchase of direct materials - Sale of finished goods Also, the inventory account is confined solely to direct materials, whether these materials are in a storeroom, in work in process, or in finished goods. No conversion costs are inventoried. They are allocated to the units sold at standard costs. Any under- or overallocated conversion costs are written off monthly to Cost of Goods Sold. a. Prepare summary journal entries for August, including the disposition of underor overallocated conversion costs. Assume no direct materials variances. b. Post the entries in requirement 2 a to T-accounts for Inventory Control, Conversion Costs Control, Conversion Costs Allocated, and Cost of Goods Sold. 3. Next assume Spark uses a JIT production system and backflush costing with two trigger points for making entries in the accounting system: - Completion of good finished units of product - Sale of finished goods The inventory account is confined solely to finished goods. Any under- or overallocated conversion costs are written off monthly to Cost of Goods Sold. a. Prepare summary journal entries for August, including the disposition of underor overallocated conversion costs. Assume no direct materials variances. b. Post the entries in requirement 3 a to T-accounts for Finished Goods Control, Conversion Costs Control, Conversion Costs Allocated, and Cost of Goods Sold