T BOUU. U.D3 U, J.23 E19-29 (sim - X Question Help Data Table sion costs. The following data app Veritek produces electrom August activities (Click the icon to view Direct materials purchased (on account) S 8,300 Requirements 1. Prepare summary jo 2. The beginning balan Conversion costs incurred 20,000 Number of calculators produced 200 calculators Inventory Number of calculators sold (on account, at $108 each) 195 calculators Print Done Journalize the completed Date Accounts Debit Credit Aug Finished Goods Inventory Raw and In-Process Inventory Conversion Costs Choose from any list or enter any number in the input fields and then click Check Answer parts 4 remaining Clear All Final Check Homework: Chapter 19 Sample Homework Save Score: 0.24 of 1 pt HW Score: 64 99 % , 3.25 of 5 pts 4 of 5 (5 complete) PE19-29 (similar to) Question Help Veritek produces electronic calculators. Suppose Veritek's standard cost per calculator is $22 for direct materials and $61 for conversion costs. The following data apply to August activities BClick the icon to view the data.) Requirements 1. Prepare summary jounal 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 Journalize the completed production Date Accounts Debit Credit Finished Goods Inventory Aug Raw and In-Process Inventory Conversion Costs Choose from any list or enter any number in the input fields and then click Check Answer parts remaining 4 Clear All Final Check