Vintage Audio Inc. manufactures audio speakers. Each speaker requires $111 per unit of direct materials. The speaker manufacturing assembly cell includes the following estimated costs for the period: Speaker assembly cell, estimated costs: Labor $54,220 Depreciation 7,270 Supplies 2,640 Power 1,990 Total cell costs for the period $66,120 The operating plan calls for 190 operating hours for the period. Each speaker requires 15 minutes of cell process time. The unit selling price for each speaker is $301. During the period, the following transactions occurred: Purchased materials to produce 495 speaker units. Applied conversion costs to production of 470 speaker units. Completed and transferred 450 speaker units to finished goods. Sold 430 speaker units. There were no inventories at the beginning of the period. Question Content Area a. Journalize the summary transactions (1)-(4) for the period. Round the per unit cost to the nearest cent and use in subsequent computations. If an amount box does not require an entry, leave it blank. 1. Raw and In Process Inventory Raw and In Process Inventory Raw and In Process Inventory Accounts Payable Accounts Payable Accounts Payable 2. Raw and In Process Inventory Raw and In Process Inventory Raw and In Process Inventory Conversion Costs Conversion Costs Conversion Costs 3. Finished Goods Inventory Finished Goods Inventory Finished Goods Inventory Raw and In Process Inventory Raw and In Process Inventory Raw and In Process Inventory 4. Sale Accounts Receivable Accounts Receivable Accounts Receivable Sales Sales Sales 4. Cost Cost of Goods Sold Cost of Goods Sold Cost of Goods Sold Finished Goods Inventory Finished Goods Inventory Finished Goods Inventory Feedback Area Feedback Question Content Area b. Determine the ending balance of raw and in process inventory and finished goods inventory. Raw and In Process Inventory, ending balance $fill in the blank 1fa30a08803ffa4_1 Finished Goods Inventory, ending balance $fill in the blank 1fa30a08803ffa4_2