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Tornado Electronics Manufactures Stereos Required:
Record All Journal Entries for the Monthly Activities Related

question 119

Essay

Tornado Electronics manufactures stereos.All processing is initiated when an order is received.For April 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:
 Actual conversion costs $232,000 Standard materials costs per unit 60 Standard conversion cost per unit 140 Units produced 3,200 Units sold 2,800\begin{array} { | l | r | } \hline \text { Actual conversion costs } & \$ 232,000 \\\hline \text { Standard materials costs per unit } & 60 \\\hline \text { Standard conversion cost per unit } & 140 \\\hline \text { Units produced } & 3,200 \\\hline \text { Units sold } & 2,800 \\\hline\end{array} Required:
Record all journal entries for the monthly activities related to the above transactions if backflush costing is used.


Definitions:

Energia

A term that could refer to energy in various contexts, such as physical, psychological, or spiritual vigor, but is not a standard psychological key term.

Deference

A respectful submission or yielding to the judgment, opinion, will, or authority of another.

Neuroticism

A personality trait characterized by emotional instability, anxiety, moodiness, worry, and sadness.

Unique Traits

are attributes or characteristics that distinguish an individual from others, making them unique.

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