Robo-Lawn is a lean manufacturer of robotic lawn mowers. Each mower requires $390 of raw materials. Estimated conversion costs to produce 1,600 units in the next year are $672,000. During a recent quarter the company produced 740 mowers and sold 710 mowers. Each mower is sold for $1,140. Required 1. Compute the conversion cost rate per mower. 2. Prepare journal entries to record (a) purchase of raw materials on credit, (b) applied conversion costs to production, (c) sale of mowers on credit, and (d) cost of goods sold and finished goods inventory. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the conversion cost rate per mower. Conversion cost rate per mower Required 1 Required 2 Required 1 Required 2 Prepare journal entries to record (a) purchase of raw materials on credit, (b) applied conversion costs to production, (c) sale of mowers on credit, and (d) cost of goods sold and finished goods inventory. View transaction list Journal entry worksheet 1 2 3 4 Record the purchase of raw materials on credit. Note: Enter debits before credits. General Journal Credit Transaction Debit . Record entry Clear entry View general journal