Asking about this question below. Please give me detailed explanations and right answers. Thanks so much!

Taylor Manufacturing produces sprockets. The company uses a JIT production system and a back flush costing system. There were no beginning inventories of materials or nished goods for 2020. The data for 2020 is as follows: Direct materials purchased $2,250,000 Direct materials used $2,000,000 Conversion costs incurred $1,900,000 Standard DM per unit $25.00 Standard conversion per unit $21.25 Actual DM per unit $26.00 Actual conversion per unit $23.75 Required Prepare the journal entries for 2020 assuming: a. Back flush costing has three trigger points: Purchase of direct materials, completion of finished goods and sale of nished goods. b. Back flush costing has two trigger points: Purchase ofdirect materials and sale of finished goods. c. Back flush costing has two trigger points: The completion of finished goods and the sale of finished goods