Martin Lighting Inc. manufactures lighting fixtures, using just-in-time manufacturing methods. Style BB-01 has a materials cost per unit of $32. The budgeted conversion cost for the year is $126,000 for 2,100 production hours. A unit of Style BB-01 requires 15 minutes of cell production time. The following transactions took place during October:
1. Materials were acquired to assemble 700 Style BB-01 units for October.
2. Conversion costs were applied to 700 Style BB-01 units of production.
3. 675 units of Style BB-01 were completed in October.
4. 625 units of Style BB-01 were sold in October for $90 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 October.