Wanda 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 one trigger points; when goods are completed. 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.