please complete both requirements, thanks.

Accounts Payable Control Conversion Costs Allocated Conversion Costs Control Cost of Goods Sold Finished Goods Control Inventory Control No entry required Various Accounts (such as Wages Payable Control) Road Warrior Corporation assembles handheld computers that have scaled-down capabilities of laptop computers. Each handheld computer takes 6 hours to assemble. Road Warrior uses a JIT production system and a backflush costing system with two trigger points. There are no beginning inventories of materials or finished goods. The following data are for August 2018: (Click the icon to view the August data.) Required 1.Prepare summary journal entries for August, including the disposition of under- or overallocated conversion costs. 2.Post the entries in requirement 1 to T-accounts for Finished Goods Control, Conversion Costs Control, Conversion Costs Allocated, and Cost of Goods Sold. - More info Requirement 1. Prepare summary journal entries for August, including the disposition of under-or overallocated conversion costs. Begin with the purchase of direct materials. (If no entry is required, select "No entry required" in the first line of the journal. Record debits first, and then credits. Explanations a Direct materials purchased $ 2,942,000 Direct materials used $ 2,600,000 Journal Entry Accounts Debit Credit JE 1 Conversion costs incurred $ 726,300 Conversion costs allocated $ 775,000 Road Warrior records direct materials purchased and conversion costs incurred at actual costs. When finished goods are sold, the backflush costing system "pulls through the standard direct material cost ($104 per unit) and standard conversion cost ($31 per unit). Road Warrior produced 25,000 finished units in August 2018 and sold 24,500 units. The actual direct material cost per unit in August 2018 was $104, and the actual conversion cost per unit was $29. The Inventory Control account will include direct materials purchased but not yet in production, materials in work in process, and materials in finished goods but not sold. No conversion costs are inventoried. Any under-or overallocated conversion costs are written off monthly to Cost of Goods Sold