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please do fully Road Warrior Corporation assembles handheld computers that have scaled-down capabilities of laptop computers. Each handheld computer takes 6 hours to assemble. Road
please do fully
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 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 are not required.) Journal Entry Accounts Debit Credit JE 1 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 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 are not required.) Journal Entry Accounts Debit Credit JE 1Step by Step Solution
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