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Chart Of Accounts General Journal Instruction The Bright Lamp Company has budgeted its conversion cost for the small lamp production as $85,000 for 1,300 production

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Chart Of Accounts General Journal Instruction The Bright Lamp Company has budgeted its conversion cost for the small lamp production as $85,000 for 1,300 production hours. Each unit produced by the cell requires 15 minutes of process time. During the month, 3,800 units are manufactured in the cell. The estimated material cost is $18 per unit Required: Provide the following journal entries (a) Materials are purchased to produce 4,000 units (b) Conversion costs are applied to 3,800 units of production. (Please round to nearest cent)" (c) 3,650 units are placed into finished goods Refer to the Chart of Accounts for exact wording of account titles. General J the journal entry for materials purchased to produce 4,000 units on December 31. Refer to the Chart of Acounts for exact wording of account titles PAGE 1 Next Previous

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