The Kwanika Co. operates in a just-in-time (JIT) manufacturing environment. During 2011, its first year of operations, Kwanika budgeted for 40,000 hours in the production of 100,000 units in its cell X-22. Material costs were $7 per unit. Cell X-22 conversion costs were budgeted for the year as follows: During January, material for 8,400 units was purchased on account. There were 8,200 units manufactured and 8,000 were sold shipped to customers for $35 each. Hide a. Journalize the material purchases. b. Journalize the application of conversion costs. c. Journalize the transfer from work in process to finished goods. d. Journalize the sales and associated cost of goods sold for the month of January.