Kulvekowski Company Manufactures Aircraft Parts $\begin{array} { l } \text {Direct materials }&\$1.50 \\ \text {Conversion costs }&\$2.00 \\\end{array}$

Essay

Kulvekowski Company manufactures aircraft parts.A backflush costing system is used and standard costs for the part follow:
$\begin{array} { l } \text {Direct materials }&\$1.50 \\ \text {Conversion costs }&\$2.00 \\\end{array}$

The parts are scheduled for production only after orders are received.They are shipped immediately upon completion.Product costs are charged directly to Cost of Goods Sold.In July,6,000 parts were produced and immediately shipped to the customer.Materials were purchased for cash at a cost of $10,000 and actual conversion costs were $12,000.
Required:
Prepare the necessary journal entries.