Fin | MMa Val R Val Me MinbM Boi & De /d/1qQ1KxktYMIUvXITyuX6SUKSMKXIY)/view?ts=5ed80a11 o. Irunsierred goods Cosung 139,90 Trum Assemory w rinne Vuous. 9. Sold goods costing $150,000 for $200,000 on account. Instructions Journalize the transactions. (Omit explanations.) E21-5 In Shady Company, materials are entered at the beginning of each process. Work in process inventories, with the percentage of work done on conversion costs, and produc- tion data for its Sterilizing Department in selected months during 2017 are as follows. Beginning Ending Work in Process Work in Process Conversion Units Conversion Month Units Cost% Transferred Out Units Cost% January -0 11,000 2,000 March 12,000 3,000 30 May 14,000 7,000 80 July -O- 10,000 1,500 40 160 Instructions (a) Compute the physical units for January and May. (b) Compute the equivalent units of production for (1) materials and (2) conversion costs for each month