Question: due tonight. need help with question asap. keep format please. due in 1 1/2 hours. DUE. Record the conversion costs Show the postings to the




Record the conversion costs Show the postings to the work-in-process account. Reference Nihon, Inc is a manufacturer of digilal cameras. It has two departments assembly and testing. In January 2020 , the company incurred 5725.000 on direct materials and $795,000 on conversion costs, for a totat manufacturing cost of $1,520,000. During February 20,000 cameras are placed into production, but only 18,000 cameras are fully completed at the end of the month. All direct materials have been added to the remaining 2,000 cameras, However, on average these remaining 2,000 cameras are only 75% complete as to conversion costs (Click the icon to view the data on the cameras.) Prepare summary journal entries for the use of direct materials and incurrence of conversion costs. (Record debits first, then credis. Exclide explanations. froth any joumal entries.) Begin by recording the purchase and use of direct materials. Show the postings to the work-in-process account
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