I need to create a journal entry worksheet with:

a. record the closing entry of the actual usage of inventory

b. record conversion cost incurred

c. record finished goods for the standard cost of the 159,700 yards produced.

d. record the closing of the two conversion cost accounts.

e. record the closing of the actual usage of inventory.

only choose from the following prompts when recording:

-No Journal entry required

-Accounts Payable,Cash

-Conversion cost applied

-Conversion cost incurred

-COGS

-Finished Goods

-Materials Inventory

-Wages Payable,other accounts

can you please show work in a working note so i can underatand you did this problem. thank you.

Blue Water Sails, Inc. (BWS) manufactures sailcloth used by sailmakers that produce sails for sailboats. BWS's sailcloth is the conventional polyester-based sail material and is used widely in recreational boating. Sailmakers throughout the world use BWS's sailcloth. The manufacture of sailcloth has a small number of processes, and BWS integrates them carefully so that there is very little Work-in-Process Inventory. The product is measured in yards of cloth, which is prepared in rolls 42 inches wide. Because it has little Work-in-Process Inventory, BWS also uses backflush accounting to simplify the lowing information for the most recent accounting period. The beginning Inventory of polyester fiber was $133,500, and the ending inventory was $170,200. Polyester fiber purchased Conversion cost incurred Direct materials standard cost Conversion standard cost Units produced $ 767,300 $1,479,500 4.51 per yard of cloth 8.33 per yard of cloth 159,700 yards of cloth Required: 1. Show the entries for manufacturing costs incurred or applied, completion of 159,700 yards of product, and the closing entries. (if no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet