Please assist with Identifying the proper equations to resolve this issue.

Brady produces electronic calculators. Suppose Brady's standard cost per calculator is $27 for direct materials and $60 for conversion costs. The following data apply to August activities: (Click the icon to view the data.) Requirements 1. Prepare summary journal entries for August using JIT costing, including the entry to adjust the Conversion Costs account. 2. The beginning balance of Finished Goods Inventory was $1,500. Use a T-account to find the ending balance of Finished Goods Inventory. Requirement 1. Prepare summary journal entries for August using JIT costing, including the entry to adjust the Conversion Costs account. (Record debits first, then credits. Exclude explanations from journal entries.) Journalize the purchase of raw materials. Date Accounts Debit Credit Aug. i Data Table X Journalize the actual conversion costs incurred. Direct materials purchased (on account) 8,300 Date Accounts Debit Cred Conversion costs incurred 21,500 Aug. Number of calculators produced 275 calculators Number of calculators sold (on account, at $112 each) 270 calculators Print Done Journalize the completed production. Date Accounts Debit Credit Aug. Choose from any list or enter any number in the input fields and then continue to the next