Dashboard CengageNOWV2 Online teaching and learning resource from Cengage Learning CengageNOWV21 xam Calculator Instructions Modern Lighting Inc., manufactures lighting fixtures, using lean manufacturing methods. Style Omega has a materials cost per unit of $135. The budgeted conversion cost for the year is $180,000 for 2,150 production hours. A unit of Style Omega requires 15 minutes of col production time. The following transactions took place during June 1. Materials were acquired to assemble 500 Style Omega units for June 2. Conversion costs were applied to 600 Style Omega units of production 3.56 no yte Omega were completed in June 4 575 of Style Omge were sold in June for $156 per unit Required: Determine the bui lcon cost per hour 1. Define the b edoel convocat per un 6. Jumanne the y w on for the Chart of Accounts for wing of account structions Starting Questions eth of a. Determine the budgeted cell conversion cost per hour. per hour b. Determine the budgeted cell conversion cost per unit. per unit of Accou me Remaining: 1:54:03 LUULUI CORO Journal C. Journalize the summary transactions (1)-(4) for June 30. Refer to the Chart of Accounts for exact wording of account titles. PAGE 10 JOURNAL DATE DESCRIPTION POST. REF. DEBIT CREDIT