Vision Enterprises manufactures converter boxes for high definition TVs. All processing is initiated when an order is received. For March there were no beginning inventories. Conversion Costs and Direct Materials are the only manufacturing cost accounts. Direct Materials are purchased under a just-in-time system. Backflush costing is used with a finished goods trigger point. Additional information is as follows:

Actual conversion costs $435,000

Standard materials costs per unit 115

Standard conversion cost per unit 85

Units produced 7,900

Units sold 7,600

Required: Record all journal entries for the monthly activities related to the above transactions if backflush costing is used.

To record actual conversion costs

To record finished goods

To record sale of 7,600 units