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Robo-Lawn is a lean manufacturer of robotic lawn mowers. Each mower requires $250 of raw materials Estimated conversion costs to produce 2,000 units in the

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Robo-Lawn is a lean manufacturer of robotic lawn mowers. Each mower requires $250 of raw materials Estimated conversion costs to produce 2,000 units in the next year are $800,000 During a recent quarter the company produced 600 mowers and sold 580 mowers. Each mower is sold for $1000 Required 1. Compute the conversion cost rate per mower 2. Prepare journal entries to record (a) purchase of raw materials on credit. (6) applied conversion costs to production (sale of mowers on credit, and I cost of goods sold and finished goods inventory Complete this question by entering your answers in the tabs below. Required: Required 2 Compute the conversion cost rate per mower Conversion costat per mower Required 2 > Required 1 Required 2 Propare journal entries to record (a) purchase of raw materials on credit, (b) applied conversion costs to production, (e) sale of mowers on credit, and (d) cost of goods sold and finished goods inventory View transaction list Journal entry worksheet

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