Auto-Motion is a lean manufacturer of self-driving wheelchairs. The company budgets $630,000 of conversion costs and 2,100 production hours for this year. The manufacturing of each wheelchair requires 30 production hours and raw materials costs of $4,400. The company started and completed 90 wheelchairs during the year and sold 73. Each wheelchair is sold for $15,000. Actual conversion costs equal applied conversion costs. Required: 1. Prepare journal entries to record (a) the purchase of raw materials on credit to produce 90 units, (b) applied conversion costs to the production of 90 units, (c) actual conversion costs of $810,000 (credit "Various Accounts"), (d) sale of 73 units on credit, and (e) ending inventory and cost of goods sold. 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. Required 1 Required 2 Prepare journal entries to record (a) the purchase of raw materials on credit to produce 90 units, (b) applied conversion costs to the production of 90 units, (c) actual conversion costs of $810,000 (credit "Various Accounts"), (d) sale of 73 units on credit, and (e) ending inventory and cost of goods sold. View transaction list Journal entry worksheet 1 2 3 4 5 Record the purchase of raw materials to produce 90 units on credit.