2,3,4

Maxwell Dash Inc. manufactures and assembles automobile instrument panels for both eCar Motors and Greenville Motors. The process consists of a lean product cell for each customer's instrument assembly. The data that follow concern only the eCar lean cell. For the year, Maxwell Dash Inc, budgeted the following costs for the eCar production cell: Maxwell Dash Inc. plans 2,000 hours of production for the eCar cell for the year. The materials cost is $250 per instrument assembly. Each assembly requires 24 minutes of cell assembly time. There was no April 1 inventory for elther Raw and In Process Inventory or Finished Goods inventory. The following summary events took place in the eCar cell during April: a. Electronic parts and wiring were purchased to produce 470 instrument assemblies in Aprii. b. Conversion costs were applled for the production of 420 units in Aprili. c. During April, 400 units were started, completed, and transferred to finished goods. d. Of the 400 units completed, 370 were shipped to customers at a price of $800 per unit. 1. Determine the budgeted cell conversion cost per hour. per hour 2. Determine the budgeted cell conversion cost per unit. per unit 3. Journalize the summary transactions (a) through (d). If an amount box does not require an entry, leave it blank. 4. Determine the ending balance in Raw and in Process Inventory and Finished Goods Inventory. Raw and In Process Inventory: 1 Finished Goods inventory: 5