em Lean Accounting Vintage Audio Inc, manufactures audio speakers. Each speaker requires $119 per unit of direct materials. The speaker manufacturing assembly cell Includes the following estimated costs for the period: Speaker assembly cell, estimated costs: Labor $42,320 5,680 Depreciation Supplies 2,060 1,555 Power Total cell costs for the period $51,615 The operating plan calls for 185 operating hours for the period. Each speaker requires 20 minutes of cell process time. The unit selling price for each speaker is $322. During the period, the following transactions occurred! 1. Purchased materials to produce 695 speaker units. 2. Applied conversion costs to production of 660 speaker units. 3. Completed and transferred 630 speaker units to finished goods 4. Sold 605 speaker units There were no inventories at the beginning of the period. a. Journalite the summary transactions (1)-(4) for the period. Round the per unit cost to the nearest cent and use in subsequent computations. If an amount box does not require an entry, leave it blank. 1. Raw and In Process Inventory Accounts Payable Check My Work Show Me How Print item Read a. Journalize the summary transactions (1)-(4) for the period. Round the per unit cost to the nearest cent and use in subsequent computations. If an amount box does not require an entry, leave it blank. 1. Raw and In Process Inventory Accounts Payable 8 2. 3. II II II II II II II 4. Sale 4. Cost Feedback Check My Wors