Lean Accounting Vintage Audio Inc. manufactures audio speakers. Each speaker requires $127 per unit of direct materials. The speaker manufacturing assembly cell includes the following estimated costs for the period: Speaker assembly cell, estimated costs: Labor $40,180 Depreciation 5,390 Supplies 1,960 Power 1,475 Total cell costs for the period $49,005 The operating plan calls for 165 operating hours for the period. Each speaker requires 20 minutes of cell process time. The unit selling price for each speaker is $344. During the ) period, the following transactions occurred: 1. Purchased materials to produce 645 speaker units. 2. Applied conversion costs to production of 615 speaker units. 3. Completed and transferred 585 speaker units to finished goods. 4. Sold 560 speaker units. There were no inventories at the beginning of the period. 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 Inventom Vi - l:] 2_ Raw and In Process Inventom I [:l :l