Ever-Brite Lighting Inc. manufactures lighting fixtures, using lean manufacturing methods. Style BB-01 has a materials cost per
Question:
1. Materials were acquired to assemble 700 Style BB-01 units for December.
2. Conversion costs were applied to 700 Style BB-01 units of production.
3. 685 units of Style BB-01 were completed in December.
4. 670 units of Style BB-01 were sold in December for $128 per unit.
a. Determine the budgeted cell conversion cost per hour.
b. Determine the budgeted cell conversion cost per unit.
c. Journalize the summary transactions (1)-(4) for December.
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Related Book For
Financial and Managerial Accounting
ISBN: 978-1285866307
13th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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