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Snapshot, Inc. is a marufocturer of dig tal cameras. It has two depwetmenta assembly and sesting in January 2020 , the company incurred s780.000 on dicect materals and 5785,000 on convernion costs, for a fold manudactunng coth of $1,565,000 Durieg Febriary 20,000 carneras are placed inte producton, but only 15 , 000 cameras are fily completed at the end of the month. Al drect materiah have been added to the remaning 5,000 caeneras However, on average, these pemaning 5,000 carteras are cnly 25% complete as to comverson costs (Clck the ieen to vew the data on the cameras) Fecd the respyement Bogn by recording the tuutchase and use of drect materisls Reference Requirement Prepare summary journal entries for the use of direct materials and incurrence of conversion costs. Also prepare a journal entry to transfer out the cost of goods completed. Show the postings to the work-in-process account. st, then credits. Reference Reference