Question: Requirements Prepare summary journal entries for August using JIT costing, including the entry to adjust the Conversion Costs account. The beginning balance of Finished Goods

Requirements
Prepare summary journal entries for August using JIT costing, including the entry to adjust the Conversion Costs account.
The beginning balance of Finished Goods Inventory was $1,200. Use a T-account to find the ending balance of Finished Goods Inventory.
Journalize the purchase of raw materials.
Data table
 Requirements Prepare summary journal entries for August using JIT costing, including

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