Cance Smith produces electronic calculators Suppose Smith's standard cont per calculator is $223 for direct materials and so for conversion costs. The following date apply to August Click the loon to view the data) Requirements 1. Prepare summary ouma entre for Augusting Icing, Including the entry to the Conversion Count 2. The beginning balance of Finished Goods Inventory was $1.000. Use Taccount to find the ending balance of Fished Goods Inventory Wapes Payable, Accumulated Depreciation, etc Journalire the completed production Account Debit Credit Date Aug Finished Goods Inventory Rawd In Process inventory Conversion Costs Choose from a list or enter any number in the inputs and then clickCheck Answer 4 por Check Answer Data Table Direct materials purchased (on account) $ 6,300 Conversion costs incurred 18,500 Number of calculators produced 250 calculators Number of calculators sold (on account, at $118 each) 245 calculators Print Done