Vision Enterprises manufactures converter boxes for high definition TVs. All processing is initiated ...

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 and there was no variance. Backflush costing is used with trigger points at completion of finished goods and sale of product. Additional information for the month is as follows:

Actual conversion costs   $435,000
Standard materials costs per unit   $115
Standard conversion cost per unit   $85
Units produced   7,900
Units sold   7,600

Required:
Record all journal entries for the monthly activities related to the above transactions based on backflush costing.