The Waynesboro Manufacturing Company uses a raw and in process (RIP) inventory account and expenses all conversion costs to the cost of goods sold account. At the end of each month, all inventories are counted, their conversion cost components are estimated, and inventory account balances are adjusted accordingly. Raw material cost is back flushed from RIP to Finished Goods. The following information is for April:

Required:
Prepare the three journal entries involving the RIP account.

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Beginning balance of RIP account, including $1,400 of conversion cost.. Ending RIP inventory per physical count, including $1,800 conversion $31,000 367,000 33,000