Auto-Motion is a lean manufacturer of self driving wheeichairs. The company budgets $560,000 of conversion costs and 2,000 production hours for this year. The manufacturing of each wheetchair requires 30 production hours and raw materials costs of $4.480 The company started and completed 98 wheelchairs during the year and sold 85 . Each wheelchair is sold for $17,000. Actual corversion costs equal applied conversion costs. Required: 1. Prepare journal entries to record (a) the purchase of raw materials on credit to produce 98 units, (b) applied conversion costs to the production of 98 units, (c) octual conversion costs of $823,200 (credit "Various Accounts). (d) sale of 85 units on credit, and ( ( ) ending invertory and cost of goods soid. 2. Compute the ending balances of Work in Process Inventory and Finished Goods Inventory. Assume each of these inventory accounts began the year with a balance of zero Complete this question by entering your answers in the tabs below. Compute the ending balances of Work in Process Inventory and Finished Goods Inventory. Assume each of these inventory accounts began the year with a balance of zero