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Nala, Inc, uses a just-in-time costing system. During the month, Nala incurred $700,000 as direct labor and $8000 as overhead. Wages were not paid. Which

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Nala, Inc, uses a just-in-time costing system. During the month, Nala incurred $700,000 as direct labor and $8000 as overhead. Wages were not paid. Which of the following is the correct journal entry to record the conversion costs? Question 36 (2 points) Simba Company produces a colorful rug that sells for $20 per unit. Variable cost is $8 per unit, and fixed costs are $5000 per month. If Simba expects to sell 1500 units, compute the margin of safety in dollars. (Round any intermediate calculations to the nearest whole unit, and your final answer to the nearest dollar.) $1083 $21,660 $5000 $8664

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