Kwanika Co. operates in a lean manufacturing environment. During its first year of operations, Kwanika budgeted for 40,000 hours in the production of 100,000 units in its Cell X-22. Materials costs were $7.00 per unit. Cell X-22 conversion costs were budgeted for the year as follows: During January, materials for 8,400 units were purchased on account. There were 8,200 units manufactured and 8,000 were sold and shipped to customers for $35 each. Conversion costs are applied based on units of production. Journakze: (a) the material purchases: (b) the application of comversion costs, (c) the transfor froms wakk in process to finithed goods and (f) the aales (inere made on accound and associated cost of goods soid for the month of Januany 31. Round cost per unt answer to the neavest cent Refer to the chart of accounts for the erast wonding or Gfe accourt tobes ChOW CNOW jownais wal autornatically indent a credr entry when a credt amount is entried PAGE I JOURNAL