Com$-$Tel Inc. manufactures and assembles two models of smartphone$-$the Tiger Model and the Lion Model. The process consists of a lean cell for each product. The data that follow concern only the Lion Model lean cell.

For the year, Com$-$Tel Inc. budgeted these costs for the Lion Model production cell:

The following summary events took place in the Lion Model cell during May:

a$.$ Electronic parts were purchased to produce $6,100$ Lion Model assemblies in May.

b$.$ Corversion costs were applied for $5,800$ units of production in May.

c$.$ During May, $5,680$ units were completed and transferred to finished goods.

d$.$ Or the $5,680$ units completed, $5,510$ units were shipped to customers at a price of $$240$ per unit.

If required, round your answers to the nearest cent.

Required:

Determine the budgeted cell conversion cost per hour.

$$

per hour

Determine the budgeted cell conversion cost per unit.

$+$

per unit

Feached

DChack My Work:

Joumalize the summary transactions $($a$)$ through $($d$).$ If an amount box does not require an entry, leave it blank.

a$.$

Raw and In Process Inventory

b$.$ Raw and In Process Inventory $$

Conwersion Costs

$$

Finished Goods Inwentory

Raw and In Process Inventory

Sale Accounts Receivable $v$

Sales $$

Cost Cost of Goods Sold

Finished Goods Inwentory

reachuct:

PChuck My Work

Determine the ending balance in Raw and In Process Inventory and Finished Goods Imventory.

Raw and In Process Inventory:

Finished Goods Inwentory: