Vision Enterprises manufactures converter boxes for high definition TVs. All processing is initiated when an order is received. For March there were no beginning inventories. Conversion Costs and Direct Materials are the only manufacturing cost accounts. Direct Materials are purchased under a just-in-time system. Backflush costing is used with a finished goods trigger point. Additional information is as follows:
Required:
Record all journal entries for the monthly activities related to the above transactions if backflush costing is used.
Definitions:
Esophagus
The tube that connects the throat (pharynx) with the stomach, transporting swallowed food and liquids.
Sphincters
Circular muscles that constrict passages or openings in the body, regulating the flow of substances within various organs.
Cartilage
Firm, smooth, resilient, nonvascular connective tissue.
Fauces
Space between the cavity of the mouth and the pharynx.
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