Pitato Company produces well known snacks, crackers, and potato chips for end-consumers which takes 4 hours of manufacture time each batch. Pitato Company uses a JIT production system and a backflush costing system with three trigger points: Purchase of direct materials Completion of good finished units of product Sale of finished goods . There are no beginning inventories of materials or finished goods and no beginning or ending work-in- process inventories. The following data are for November 2021: Direct materials purchased $3,200,000 Direct materials used $3,150,000 Conversion costs incurred $800,000 Conversion costs allocated $750,000 Pitato Company has no direct material variances. When finished goods are sold, the backflush costing system pulls through standard direct materials cost ($105 per unit) and standard conversion cost ($25 per unit). Pitato Company produced 30,000 finished units in November 2021 and sold 29,500 units. The actual direct materials cost per unit in August 2017 was $105, and the actual conversion cost per unit was $23. Any under-or overallocated conversion costs are written off monthly to Cost of Good Sold. Required: 1. Prepare summary journal entries for November 2021 (without disposing of under- or overallocated conversion costs). 2. Assume the same facts as in Problem 1, except that Pitato Company now uses a backflush costing system with two trigger points for making entries in the accounting system: Purchase of direct materials and Sale of finished goods. Prepare summary journal entries for November 2021, including the disposition of under- or overallocated conversion costs. 3. Assume the same facts as in Problem 1, except now Grand Devices uses only two trigger points for making entries in the accounting system: Completion of good finished units of product and Sale of finished goods. Prepare summary journal entries for November 2021, including the disposition of under- or overallocated conversion costs