Problem 3 The Santa Rosa Company that manufactures baby dolls seeks to streamline its costing system. It will use a backflush costing system with three trigger system points. Purchase of Raw materials Completion of units Sale of Finished Goods There are no beginning inventories. The following data pertains to April 2020: Raw Materials Purchased P440,000 Raw Materials used 425,000 Conversion costs incurred 211,000 Conversion costs applied 200,000 Cost transferred to finished goods 625,000 Costs of Goods sold 595,000 Required: Prepare summary journal entries for April (without disposing of under-applied or over-applied conversion costs). Assume no direct materials variances