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Robo-Pool manufactures robotic pool vacuums. Each unit requires $285 of raw materials and $435 of conversion costs and is sold for $780. During a recent
Robo-Pool manufactures robotic pool vacuums. Each unit requires $285 of raw materials and $435 of conversion costs and is sold for $780. During a recent month the company produced 180 units and sold 160 units. Prepare journal entries to record each of the following. 1. Purchase of raw materials on credit. 2. Applied conversion costs to production. 3. Sold 160 units on credit. 4. Record ending inventory and cost of goods sold. View transaction list Journal entry worksheet < A B C D Record the purchase of raw materials on credit. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal
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